Interra Realty has been exclusively engaged to market the 12 unit apartment building located at 416 E 66th, for sale. The subject investment property is 12 apartments on the corner of 66th and S. Vernon in Chicago's Woodlawn neighborhood.

The property offers an attractive unit mix of large two and three bedroom apartments. All apartments are renovated including individual tenant paid heating systems in each unit. Many of the units are well below market rent with legacy and market rate tenants. A new investor has the opportunity to acquire a high curb appeal multifamily asset in a Chicago submarket that has experienced strong appreciation and rent growth. The offering presents investors with a mix of stability with an in place cash on cash return above 10%, and operational upside.