Essex Realty Group, LLC has been exclusively engaged to market for sale The Berkeley Portfolio, a 18-unit, three-building multifamily portfolio located in Berkeley, IL. With current rents demonstrably below market and a fully occupied asset generating $319,920 in scheduled gross income, this offering delivers both immediate cash flow and a clear, executable path to significantly enhanced returns. The portfolio comprises three mid-century brick buildings, 5607 Berkeley Ave, 5611 Berkeley Ave, and 1400 N Hillside Ave. The unit mix consists of one (1) studio, two (2) one-bedroom/one-bath units, and sixteen (16) two-bedroom/one-bath units.

Offered at $2,500,000, the portfolio presents investors with a compelling value-add opportunity in an established Cook County suburb positioned just 14 miles west of the Chicago Loop. With current rents demonstrably below market and a fully occupied asset generating $319,920 in scheduled gross income, this offering delivers both immediate cash flow and a clear, executable path to significantly enhanced returns. In-place two-bedroom rents range from $1,325 to $1,595 per month, with a weighted average of $1,447 — well below the updated-renovation tier of comparable properties, where competing two-bedroom units command $1,600 to $2,100 per month.

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