Interra Realty has been exclusively engaged to market for sale 7954-58 S. Harvard Ave. The subject property is a twelve-unit building located in the Auburn Gresham neighborhood of Chicago's South Side. The asset features a diverse unit mix of (4) Studios/(4) 1 BD/1 BA & (4) 2 BD/1 BA.
Current ownership has made cosmetic improvements to 8/12 units and capital improvements focused on the roof. The units feature gas-forced air furnaces throughout.
7954-58 S. Harvard presents a new investor with the opportunity to acquire a well-positioned asset with the ability to push rental rates through both leasing operations and the continued upgrading of the remaining 4 units.
- Diversified Unit Mix: (4) Studios (4) 1 BD/1 BA (4) 2 BD/1 BA
- Gas-forced air furnaces in every unit
- 8/12 units have undergone cosmetic upgrades
- Updates and improvements made to roof
- Ability to increase rental rates through leasing operations & continued updating of vintage units.