Interra Realty has been exclusively engaged to market a seven (7) property, 212-unit multifamily portfolio in Chicago’s Kenwood neighborhood. The properties feature a desirable and diverse unit mix of studio, one, two, three, four and five bedroom apartments. The properties have been professionally managed and ownership has made many recent capital improvements to building systems, exteriors and units.
The properties feature strong historical occupancy as well as existing in place cash flow, while presenting qualified purchasers with the opportunity to add value through in unit improvements. A new investor will be able to create a substantial presence in a low velocity, highly sought-after Chicago submarket.
- 212 Total Units with Ideal Unit Mix
- Irreplaceable Kenwood Locations
- Legacy Buildings – First Time to Market in Many Years
- In Place Cash Flow with Value Add Component
- Ideally Located Near The University of Chicago and IIT
23 - 1BR/1BA
83 - 2BR/1BA
4 - 2BR/2BA
69 - 3BR/1BA
23 - 3BR/2BA
1 - 4BR/2BA
3 - 5BR/2BA