7954-56 S. MARYLAND AVE.

Property Overview

Interra Realty is pleased to present for sale 7954-56 S. Maryland Ave. Located in Chicago's Chatham neighborhood, the subject property consistsseventeen (17) units featuring a desirable mix of twelve (12) 1 BD/1 BA units and fi ve (5) 2 BD/1 BA units.
The asset has been pridefully maintained and managed and the units have undergone signifi cant cosmetic renovations featuring newer fl ooring,kitchens and baths. The building is currently 70% vacant with the units being rent ready as is.
A qualifi ed investor has the opportunity to acquire a newly renovated property with the ability to tenant the building with top of the market rentsthrough leasing operations.

Highlights

  • Desirable Unit Mix: (12) 1 BD/1 BA & (5) 2 BD/1 BA
  • All units have seen cosmetic updates to kitchens and baths.
  • Pridefully maintained and managed
  • Opportunity to increase rental rates through management and leasingoperations.
  • 70% Vacant/Units ready for move in.

Key Details

Transaction Date
2024
Number of Units
Seventeen (17)
Submarket
Chatham