Interra Realty, LLC has been exclusively engaged to market 6601 S. Ingleside Ave. for sale. The subject property is a recently renovated walk-up style apartment building located in Chicago's East Woodlawn neighborhood consisting of 12 apartment units and an income generating rooftop antenna.

The building is comprised of a mixture of 2Bdr and 3Bdr layouts, some of which have two full bathrooms. The rooftop antenna lease is currently in year two (2) of its initial ten (10) year term, with an additional seventeen (17) extension options of five (5) year terms, all with 2% annual escalations.

The property presents qualified investors with an option to assume the sellers existing mortgage. The terms of the existing mortgage are an approximate balance of $969,654, 5.62% interest and 01/01//2047 maturity.