Property Overview

Interra Realty has been exclusively engaged to present for sale 6657-6659 S. Lowe Ave. Located in Chicago's Englewood neighborhood, the property is a nineteen (19) unit multi-family apartment building featuring (6) 1 BD/1 BA units, (9) 2BDR/1BA units, & (4) 3BDR/1BA units. The property has seen significant cap-ex improvements including newer systems and updates to all units. The building presents qualified investors with the opportunity to acquire a stabilized cash-flowing asset with the ability to push rents through aggressive management and operations.

Highlights

  • Desirable Unit Mix: Six (6) 1 BDR/1BA Units, Nine (9) 2BDR/1BA Units and Four (4) 3BDR/1BA Units
  • Updates Include Newer Roof, Copper Plumbing, Newer Boiler and Hot Water Tank
  • All 19 Units Have Been Rehabbed with Updated Kitchens and Baths
  • Parking Lot Located Behind the Property
  • Security System
  • Pridefully maintained and Has an On-Site Property Manager¬†

Key Details

Asking Price
$930,000
Number of Units
19
Lot Size
6,250 SF
Cap Rate
10%