Interra Realty has been exclusively engaged to present for sale 7716-18 S. East End Ave. Located in Chicago's historic South Shore neighborhood, the subject property is a 16 unit building featuring all 1 BD/1 BA units. The asset presents significant upside through overhauling management and leasing
operations and renovating units upon turnover to increase rents to market levels. The average 1 BD unit rents for $1,040.

Approx. 1/3 of the units have seen some level of cosmetic upgrades over the course of current ownership. There is an on-site laundry room for tenant convenience. There have been upgrades to electric and plumbing throughout.

The property presents a qualified investor with the opportunity to acquire a well located asset in the fast appreciating South Shore submarket with the ability to drive NOI through renovating units upon tenant turnover and increasing rents.