Interra Realty has been exclusively engaged to market 506 W Deming, Chicago, IL 60614 for sale. The subject investment property is a fourty-nine unit courtyard multifamily asset in the Lincoln Park Neighborhood. Lincoln Park is one of the city’s most affluent Chicago submarkets, and has historically strong rental demand and low transaction velocity.

The center entrance courtyard building was built in 1915, the units are vintage and there is an opportunity to renovate units. There is a laundry room, bike room and workout room within the property.

The unit mix is comprised of studios, one bed, two bed, and three bed apartments. 13 of the 49 Units have Washer and Dryers in unit. This asset has a newer boiler and electric baseboard heat.

A new investor has the rare opportunity to acquire a large scale multifamily asset in one of Chicago’s best neighborhoods. The property is being offered for sale freeand- clear of existing debt.