Interra Realty has been exclusively engaged to market for sale the multifamily asset located at 8531-8535 W. Bryn Mawr Avenue in Chicago, Illinois. The subject investment property consists of a twelve (12) unit multifamily asset with off-street parking competitively positioned in the O'Hare submarket. The location offers convenient access to the Cumberland CTA stop (walking distance from the property), the Kennedy Expressway and O'Hare International Airport.
The unit mix consists of one (1) studio, four (4) 1 bed / 1 bath, six (6) 2 bed / 1 bath, and one (1) 3 bed / 1.5 bath units. The units are cooled via wall A/C units and heated through hot water baseboard heat. Off-street parking and storage are available and there are two (2) laundry rooms with one (1) washer and one (1) dryer in each room.
The property has been under the same family ownership since 1966. The investment offers qualified investors the opportunity to acquire a well-maintained multifamily-asset with additional rental upside.
- Original Ownership – Well-Maintained Asset
- Below Market Rents and Ability to Raise As-Is
- High Demand Rental Market
- Attractive Unit Mix
- Located Nearby O’Hare Intl. Airport, CTA Train and Major Expressways