Interra Realty has been exclusively engaged to market 817 S. Springfield Avenue, Chicago for sale. The subject investment property is a 9 unit, corner walk-up multifamily asset in the Lawndale neighborhood.

The attractive and desirable unit mix at the property features three and four bedroom apartments, with a mixture of market rate and subsidy tenants. The units are heated via individual gas forced air furnaces, feature individual circuit breaker panels in each apartment and individual hot water storage tanks.

A new buyer has the opportunity to take advantage of stable in place occupancy and strong cash flow, while having the opportunity of operational upside through increasing rents after unit turnover.