Property Overview

Interra Realty is pleased to exclusively list for sale 6920 S Oglesby Ave. Located in the Jackson Park neighborhood on the south side of Chicago, the subject property is an attractive thirty-seven (37) unit courtyard building. The property features a highly desirable mix of studio, one, two, and three-bedroom apartments. Units are in varying condition, with some needing minor cosmetic improvements, while
others require significant construction to become habitable.

The property presents qualified investors the opportunity to acquire a value add property in a rapidly appreciating south side neighborhood. Through the purchase and rehab of the property, investors have the opportunity to build their own rent roll and achieve a 8.4%+ cap rate. Situated just a blocks from Jackson Park, South Shore golf course, and Lake Michigan, the location offers tenants premier access to some of the most popular public amenities.

Highlights

  • Attractive Entry Price Point
  • Excellent Mix of Studio, 1, 2, and 3-Bedroom Units
  • Highly Desirable Jackson Park Location

Key Details

Sale Price
$2,035,000
Number of Units
Thirty-Seven (37)
Submarket
Jackson Park