Interra Realty has been exclusively engaged to present for sale 506-14 E. 70th St. Located in Chicago's Greater Grand Crossing neighborhood, the subject property consists of twelve (12) units featuring all 1 BD/1 BA layouts. The asset is being offered for sale for the first time in 20 years.

The building has seen upgrades to the porches, windows, and roof. The units have seen updates to kitchens and baths. The property is located just off the Chicago Skyway and is in close proximity to both the University of Chicago in Hyde Park and the future site of the Obama Library located in Jackson Park.

A qualified investor has the opportunity to acquire a stabilized, well managed, pridefully maintained property with the ability to increase rental rates through leasing operations. The property also features a washer and dryer on site as well as a 13th non legal basement unit currently renting for $580/Month.

Learn about this transaction here.