UNDER CONTRACT – MULTI-FAMILY
5238 N. Neenah Ave. Chicago, IL 60656
PRICE
Call for details
NUMBER OF UNITS
12
PROPERTY LISTED

Essex Realty Group, Inc. has been exclusively engaged to market for sale 5238 N. Neenah Ave., a 12-unit apartment building located in Chicago's Jefferson Park neighborhood. The unit mix consists of (1) Studio, (4) 1 Bed/1 Bath, (6) 2 Bed/1 Bath and (1) 3 Bed/1.5 Bath units. In addition, the property offers a 12 car parking lot for the residents.

The subject property has been owned by the same family for 30+ years and is very well maintained. The units feature hardwood, tile and carpet floors, laminate and formica countertops, white and black appliances and hot water baseboard heat. In addition, the building has recently received a new roof (2015) and new windows (2015). A new owner has the opportunity to add value by updating kitchens and bathrooms to maximize rents.

LOCATION DETAILS

5238 N. Neenah Ave. is conveniently situated on the southwest corner of Neenah Ave. and Higgins Ave., 1.0 mile southeast of the Harlem CTA station (blue line), south of the I-90 Kennedy Expressway, and 6.5 miles from O'Hare Airport.

HIGHLIGHTS
  • Phenomenal Jefferson Park Location
  • 1.0 Miles From CTA (Blue Line)
  • 30+ Year Ownership
  • Value-Add Opportunity
  • Motivated seller
LISTING BROKERS
Matt Feo
Associate
224.305.4102
Matt Welke
Principal
773.305.4904