Essex Realty Group, Inc. is pleased to announce the sale of 6805 W Montrose Avenue, a 6-unit apartment property located in the west Cook County suburbs of Harwood Heights. The building consists of two 1 bed/1 bath, and four 2 bed/1 bath units.
The property presents future investors with the opportunity to acquire a well-maintained property in a highly desirable suburban city. Current rents are between $75-100 per month below market, providing investors the ability to increase rents with minor cosmetic updates to the units. Two apartments have recently been updated with new kitchen cabinets, appliances, backsplashes, and new bathroom vanities.
Located approximately 14 miles northwest of Chicago, Harwood Heights has a total area of .82 square miles and forms an enclave with it’s neighbor Norridge surrounded by the City of Chicago. The subject property is situated approximately six miles west of O’Hare International Airport and provides convenient access to northwest Chicago as it sits just one block from the city limits. Additionally, the property is across the street from Ridgemoor Country Club and walking distance to various shops and restaurants along Harlem Avenue.
- Well-Maintained 6 Unit Apartment Building
- High Demand Suburban Rental Market
- Steps Away from the City of Chicago
- Walking Distance to Shops and Restaurants Along Harlem Avenue
- Value-Add Deal