Property Overview

Interra Realty has been exclusively engaged to present for sale 6103-6105 S. Washtenaw Ave. Located in Chicago's Marquette Park neighborhood, the subject property consists of eleven (11) units featuring (1) 3 BD/1.5 BA units, (2) 3 BD/1 BA units, (4) 2 BD/1 BA units, & (4) 1 BD/ 1BA units.

The asset has been pridefully maintained and well managed by a long term owner and features spacious unit layouts. The property has seen various levels of updates to kitchens and baths. The property was outfitted with a new boiler approximately 3years ago.

A qualified investor has the opportunity to acquire a stabilized, well managed, pridefully maintained building with the ability to increase rental rates through the continued modernization of units and leasing operations.

Highlights

  • Desirable Unit Mix: (1) 3 BD/1.5 BA, (2) 3 BD/1 BA, (4) 2 BD/1 BA, (4) 1 BD/1 BA
  • Pridefully maintained and managed by long term owner
  • Spacious unit layouts. 10/11 units have seen various levels of cosmetic updates made to kitchens, baths, and flooring
  • New boiler installed in 2019 Ability to increase rental rates through continued updating of units as well as through leasing and management
  • First time being offered for sale since 2007

Key Details

NUMBER OF UNITS
Eleven (11)
LOT SIZE
0.17 Acres
SUBMARKET
Marquette Park