Property Overview
Interra Realty is pleased to exclusively present the multifamily asset located at 6025 W. Ardmore Ave in Chicago, Illinois for sale. The subject investment property consists of a 10-unit, two-story building in the Norwood Park submarket on the border of Gladstone Park. The property is well-positioned offering
residents abundant retail and outdoor amenities. Additionally, the location is situated 11-miles west of the downtown Chicago loop.
The unit mix is comprised of three different one bed - one bath layouts. The units are cooled via window A/C units and heated through a steam heat boiler. Recent capital improvements include: a new boiler, new tear off roof and new windows on the apartments. The property includes storage lockers and onstie laundry machines.
This is the first time that property has been for sale in 39 years, presenting a rare opportunity to acquire a classic Northwest Chicago multifamily asset.
Highlights
- First Time For Sale in 39 Years
- Value-Add Opportunity with Significant Rental Upside
- Rarely Available Multifamily Asset in Norwood Park
- Recent Capital Improvements: Roof, Windows & Boiler
- Classic Two-Story Walk-Up Building
- On-Site Laundry, Storage Lockers and Side Yard