ON MARKET - MULTI-FAMILY
518 S Laramie Ave Chicago, IL 60644
PRICE
$7,000,000
NUMBER OF UNITS
88
PROPERTY LISTED

Essex Realty Group, Inc. has been engaged to exclusively market for sale a 16 building, 88-unit multifamily portfolio located in Chicago’s Austin and Lawndale neighborhoods.

LOCATION DETAILS

1841 S. HAMLIN AVE
5430 S. FULTON ST
5254 W. MADISON ST
4958 W. WASHINGTON BLVD
1506 E. 67TH ST
1827 S. KARLOV AVE
1617 S. SAWYER AVE
1611 S. SAWYER AVE
3840 W. VAN BUREN ST
3110 W. POLK ST
523 N. LOCKWOOD AVE
1858 S. CENTRAL PARK AVE
518-526 S. LARAMIE AVE
3540 W. POLK ST
3835 W. POLK ST
3318 W. CONGRESS PKY
4040 W. POLK ST

HIGHLIGHTS
  • 16 Buildings, 9 Commercial Units, 79 Apartment Units
  • Assumable Debt at 5.11% IR, Loan Must be Assumed
  • Favorable Mix of Majority Two and Three Bedroom Units
  • Stabilized, Cash Flowing Portfolio
  • Opportunity for Investor to Add Value by Increasing Currently Below Market Residential Rents
  • Strong History of High Occupancy and Collections
LISTING BROKERS
Managing Director
773.251.5534
Managing Director
312.610.1704
Associate
312.890.2232