Interra Realty has been exclusively engaged to market for sale 6750, 6800 & 6808 S. Normal Blvd. The subject investment properties are comprised of three buildings (26 units, 29 units, and 18 units) in Chicago's Englewood neighborhood. The properties are vintage-style apartment buildings with high curb appeal and attractive architecture. In addition, the properties are located directly across the street from the brand new Englewood STEM high school and walking distance to Kennedy King College and Englewood Square Retail.
The unit mix across both properties is comprised of studio, one, two and three-bedroom apartments. All apartments feature spacious, highly desirable unit layouts. The properties have been meticulously maintained and feature modern, energy-efficient building systems, an on-site management office and solar panels on each roof.
The portfolio presents qualified investors with a unique opportunity to gain immediate scale In addition, a new owner has the opportunity to add value via in unit modernizations and bring back three offline units to the rent roll. With a targeted finishes package, a new owner can capitalize on under market rents and an ability to recreate a rent roll through the lease-up of vacant units. Currently, there are affordability restrictions which impact maximum rental amounts at the property.
- Diverse Unit Mix Of Extra Large Studio 1,2 and 3 bedroom apartments With Ideal Layouts
- Meticulously Maintained Buildings With High Effi ciencyBuilding Systems, Solar Panels. Elevator Service and On-SiteManagement Offi ce
- Rental Upside Through Modernization Of In Unit Finishes and lease Up
- Immediate Economies of Scale – 73 Units On One Street
6750 S. Normal Blvd. - 26 Units
6800 S. Normal Blvd. - 29 Units
6808 S. Normal Blvd. - 18 Units