PROPERTY LISTED
Essex Realty Group, Inc. has been exclusively engaged to market for sale a 4 building, 38 unit portfolio located in Chicago’s Austin neighborhood. The buildings are located at 60 N Mason, 44 N Mason , 112 N Mason, and 150 N Mayfield.
LOCATION DETAILS
Austin, near Oak Park.
HIGHLIGHTS
- [4] Buildings, [38] Apartment Units
- Professionally Maintained by Long Term Local Owner
- Stabilized Portfolio; 100% Occupied, Investor can Achieve 7.9% Cap Returns on Day One
- Opportunity to Add Value by Increasing Currently Below Market Rents
- Favorable Unit Mix of Mostly Two Bedroom Units
- Three Blocks From Austin CTA Green Line Stop
- Within Walking Distance to Scenic Columbus Park
- Close Proximity to National Retailers