Property Overview

Interra Realty is pleased to present for sale 541 E 80th St in Chicago's Chatham neighborhood. This prominent corner property is comprised of one (1) 1Bd/1Ba and eight (8) 2Bd/1Ba apartments. The architecturally distinctive property presents investors the opportunity to acquire a cash flowing property. Additional upside remains in the rent roll, with the potential to achieve a 13%+ cap rate through capturing market rents.

Units in the building feature spacious living areas with hardwood floors throughout. Kitchens have be been updated with new shaker style cabinets and granite countertops. Bathrooms have been update with modern vanities and wall tiling in the shower.

Highlights

  • Predominantly two-bedroom unit layouts
  • Architecturally distinctive design
  • Thoughtfully updated units with modern kitchen and baths
  • Meaningful upside remaining in rent roll

Key Details

Sale Price
$675,000
Number of Units
Nine (9)
Submarket
Chatham