Interra Realty has been exclusively engaged to market for sale the ARO West Side Portfolio. The collection is comprised of three (3) low-rise walk-up properties located in the Humboldt Park and Garfield Park neighborhoods of Chicago’s West Side. Each building is comprised of four (4) large units with individual forced air furnaces, individual hot water tanks, and central air conditioning to greatly reduce the expense load for a landlord.
The subject properties are participants of the Chicago Affordable Requirement Ordinance meaning these
properties recently underwent substantial rehabilitation to qualify. Currently, each rental is eligible to be rented for 100% of the Area Median Income.
3637-39 W. Iowa is a four (4) unit multifamily walkup property located in the Humboldt Park Neighborhood. The property has been recently gut-renovated and includes contemporary finishes throughout and in-unit washer and dryer. All units include individual forced air furnaces and individual hot water tanks. Additional improvements include new rear porches and parking pad. The property is rentable up to 100% of the AMI which for this property is $1,928 for 1BD/1BA.
• Recently Gut Renovated Properties with Large Units
• (4) 1BD/1BA Units, (1) 2BD/1BA Units, (7) 3BD/1BA Units
• Individual Forced Air Furnaces & Hot Water Tanks
• All Three Buildings Rentable for 100% of Area Median Income
• Desirable Locations Near West Loop and West Town