Property Overview
Interra Realty has been exclusively engaged to bring to market a rare opportunity to acquire six (6) individual properties, consisting of 48-units, in the highly sought-after Pilsen neighborhood of Chicago. Known for its rich cultural history, strong rental demand, and continued growth, Pilsen remains one of the city’s most vibrant and desirable investment markets. This offering provides investors the flexibility to acquire individual properties or in combinations, catering to a range of investment strategies.
Each of the six properties has undergone significant renovations, featuring high-end unit finishes, central HVAC, and individual hot water tanks. Major capital expenditures have been completed across the portfolio, including new roofs, electrical, plumbing, HVAC systems, hot water heaters, new windows and porches in most buildings. Residents benefit from a mix of in-unit and on-site laundry facilities, as well as garage and on-site parking options, adding to the each properties’ long-term appeal.
This is a turnkey investment opportunity in a thriving rental market, offering a combination of modernized units and high-quality building infrastructure. With Pilsen’s continued appreciation and strong tenant demand, this portfolio represents a compelling chance for investors to secure stable, cash-flowing assets in one of Chicago’s most dynamic neighborhoods.
Highlights
- Rare Opportunity to Acquire Scale in Pilsen Market
- Available Individually, In Combinations, or As A Portfolio
- Attractive Unit Mix with 100% Modernized Units
- Large Capital Expenditures Across Portfolio
- Professionally Managed and Well Maintained
- New Roof, Electric, Plumbing, HVAC, HW Tanks, Windows and Porches Across Most Properties
Key Details
1040-44 W. 18th St. - 17 Units
1711 S. Carpenter St. - 7 Units
1706 S. Carpenter St. - 5 Units
1756 W. 21st Pl. - 9 Units
1754 W. 21st Pl. - 3 Units
1659 W. 21st St. - 7 Units