Interra Realty has been exclusively engaged to market 3149 North Springfield Avenue for sale. The subject property is a 23 unit apartment building with 6 garage parking spaces on a large, inviting lot in the Avondale Neighborhood.  An investor may look to entitle and develop the lot for significant value-add potential.

The apartments have been modernized with new cabinets, countertops, bathrooms, and stainless steel (or black) appliances. Additionally, all of the doors were replaced, there was a new gate installed with an intercom security system, and an R&D control for the boiler was installed. The boiler is about 7 years old.
 
A new investor has the opportunity to acquire one of the few buildings of scale in the neighborhood, and continue to increase rents in one of Chicago's hottest neighborhoods.