Property Overview

Interra Realty has been exclusively engaged to market 567-69 & 611-13 Arlington, Chicago, IL for sale. The subject investment property is a thirty-seven unit multifamily portfolio in the Lincoln Park Neighborhood. Lincoln Park is one of the city’s most affluent Chicago submarkets and has historically strong rental demand and low transaction velocity.

The properties are two brick buildings on Arlington near the cross-street Geneva Terrace. Many of the units have been renovated in recent years, and the buildings both include a laundry room for the tenants.
The unit mix is comprised of studios, one-bedroom, two-bedroom, three-bedroom, and four-bedroom apartments.

A new investor has the rare opportunity to acquire scale in one of Chicago’s best neighborhoods. The property is being offered for sale free-and-clear of existing debt.

Highlights

  • Prime Lincoln Park Location
  • Properties Available Individually or as a Portfolio
  • Complimentary Unit Mix between buildings
  • Opportunity to Refresh Units
  • Offers Economies of Scale
  • Strong Rental Growth

Key Details

Sale Price
$12,780,985
Submarket
Lincoln Park
Number of Units
Thirty-Seven (37)