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