ON MARKET – MULTI-FAMILY
The Bridgeport Collection Chicago, IL
NEIGHBORHOOD
Bridgeport
PRICE
$5,950,000
NUMBER OF UNITS
30
CAP RATE
5.95%
PROPERTY LISTED

Essex Realty Group, Inc. has been exclusively engaged to market for sale the Bridgeport Collection, a 4-property, 30-unit portfolio located in the heart of Chicago's dynamic Bridgeport neighborhood. The 100% occupied portfolio is comprised of one studio, six 1Bd/1Ba, eighteen 2Bd/1Ba, one 3Bd/1Ba, and three 3Bd/2Ba apartments in addition to 1,200 SF of retail space. The portfolio also includes five outdoor parking spaces and three garage parking spaces.

The Bridgeport Collection presents investors with a unique, value-add opportunity to acquire immediate scale in a rapidly growing neighborhood. Additionally, there is the potential to combine an existing 2Bd/1Ba unit at 3227 S. Aberdeen St. with the attic to create a 4Bd/2Ba duplex-up unit.

The following properties are being offered individually or as a portfolio:

1. 3227 S. Carpenter St. - 11 Apartments - $1,850,000
2 . 3227 S. Aberdeen St. - 9 Apartments - $1,700,000
3. 3239 S. May St. - 6 Apartments - $1,100,000
4 . 3440 S. Morgan St. - 3 Apartments & 1,200 SF Retail - $1,300,000

LOCATION DETAILS

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HIGHLIGHTS
  • 100% occupied 4-property, 30-unit portfolio located in the heart of Chicago's dynamic Bridgeport neighborhood
  • Unit Mix: (1) studio, (6) 1Bd/1Ba, (18) 2Bd/1Ba, (1) 3Bd/1Ba, (3) 3Bd/2Ba, and 1,200 SF of retail space
  • Each property is offered individually or as part of a portfolio
LISTING BROKERS
Clay Maxfield
Director
773.305.4852
Doug Imber
President
773.305.4902
Kate Varde
Principal
773.305.4908