Property Overview
Interra Realty LLC has been exclusively engaged to present 8018-20 S. Eberhart Ave for sale. A center entrance, 13 unit multi family asset featuring all 1 BD/1 BA units with spacious floor plans. Located in Chicago's South Side in the Chatham submarket, the property has been pridefully maintained and managed by a long-term ownership group and presents a significant value-add component by bringing
rents to market levels upon tenant turnover.
Current ownership has updated all units and has made significant cap-ex improvements including an updated roof, porches, electric, plumbing, and windows. A qualified investor has the opportunity to acquire a turn key, well-managed, stabilized asset in one of Chicago's fastest appreciating submarkets with the ability to continue to increase rents to the top of the market.
Highlights
- All 1 BD/1 BA Unit Layouts
- Pridefully Managed By Long Term Ownership Group
- Ability to Increase Rents to Market Levels Upon Tenant Turnover
- Units Renovated Over Course of Ownership
- Updated Systems/Mechanicals & Newer Roof
- Upgraded Porches
- Laundry Room On-Site