Essex tapped to sell multifamily asset in South Side’s Englewood neighborhood

Essex Realty Group, Inc. has been selected to exclusively market for sale 6348-6352 S. Ada Street, a 13-unit multifamily building located in Chicago’s Englewood neighborhood.

6348-6352 S. Ada St. is located on southwest corner of 64th Street and Ada Street, across the street from Ogden Park. The property is comprised of a mix of one- and two-bedroom apartments and offers an investor a value-add opportunity. The apartments have large layouts including eat-in kitchens and separate living rooms, plus each apartment has individual heat. Multiple value-add opportunities exist for a new owner including possibly adding an on-site laundry facility or charging for on-site parking on a monthly basis.

The property is ideally located within one-half mile from the Ashland/63rd Street Green Line CTA Station. 6348-6352 S. Ada Street is listed for $900,000 by Essex Director Brian Mond.