Property Overview
Interra Realty has been exclusively engaged to present for sale 7901-09 S. Greenwood Ave. Located in Chicago's East Chatham neighborhood, the subject property is a 14 unit multifamily asset featuring 1, 2, and 3 bedroom layouts. The building features gated electric parking, laundry on site and updated common areas with 3 front entrances.
10/14 units have seen some level of cosmetic updates with current ownership renovating units with new kitchens and baths featuring updated cabinetry, countertops, flooring, and modern bathroom finishes. The property sits next to the recently remodeled 79th St. Metra Line providing modern and accessible
transit to all tenants in the building.
A qualified investor has the opportunity to acquire a well maintained, well managed, (14) unit building with the ability to drive rents through leasing, management, and the continued renovation of the remaining vintage units.
Highlights
- Highly Desirable Unit Mix: 1, 2, and 3 BD layouts with spacious floorplans
- 10/14 units have seen cosmetic upgrades
- Value add component through bringing rents to market levels through
leasing and management - Electric entry gated parking lot in rear of property
- 3 front entrances/common areas refreshed
- Laundry on-site
- Renovated 79th St. Metra Main Line located next to property
