7954-7958 S. HARVARD AVE.

Property Overview

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.

Highlights

  • 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.

Key Details

Number of Units
Twelve (12)
Submarket
Auburn Gresham