9946 & 9952 S. WALDEN PARKWAY

Property Overview

Interra Realty has been exclusively engaged to market 9946 & 9952 S. Walden Parkway for sale. The subject investment opportunity is comprised of two adjacent six unit multifamily assets in the Beverly neighborhood of Chicago's south side.

The properties feature mostly two bedroom apartments with large living rooms and eat-in kitchens. All units are heated via hot water baseboards and the building offers 1:1 parking in the rear of each property. In addition, there is on-site laundry in each property for added tenant convenience. The properties
are ideally situated directly across the street from the Beverly Hills Metra Train Station and within short walking distance to neighborhood retail shops and parks.

Throughout the course of current ownership, the properties have been well-maintained and both properties are currently fully occupied. A new investor has an opportunity to push rent levels significantly, with or without modernization of finishes.

Highlights

  • Adjacent Properties in Strong Beverly Location
  • Steps from Metra Train and Attractive Retail
  • Spacious Layouts with Mostly Two Bedroom Apartments
  • Significant Upside in Rent Levels As-Is or Through Renovation
  • Parking in the Rear

Key Details

Transaction Date
2024
Submarket
Beverly
Number of Units
Twelve (12)