Interra Realty has been exclusively engaged to market 3124-26 W. Eddy Street, Chicago, for sale. The subject investment property is a 16 unit, walk-up style apartment building in the Avondale Neighborhood of Chicago’s northwest side. Avondale has been one of the city’s most popular neighborhoods for both residents and investors and many believe that it’s well positioned to continue to achieve strong rent growth and appreciation.

The property features 12 – one beds and 4 – two beds, all of which have one bath. Finishes in the kitchens and bathrooms have been modernized in recent years to include shaker cabinets, subway tile, and stone countertops. Residents have access to on-site, common laundry equipment.

The property has been well maintained and is professionally managed. A new investor can realize upside in rent levels by capitalizing on loss to lease in the current rent roll and may elect to further renovate with individual HVAC and in-unit laundry in the future.