Essex Realty Group Inc. has been exclusively engaged to market for sale 7909 S Normal Ave, 441 W 79th St, & 445 W 79th , 55-Unit portfolio. The subject properties are located in the highly desirable West Chatham neighborhood of Chicago’s southside.
The subject properties are three (3) story buildings consisting of six (6) studios, twenty-six (26) one bedroom / one bathroom, twelve (12) two bedroom / one bathroom, three (3) three bedroom / one bathroom apartments, and eight (8) commercial spaces. The buildings have been meticulously maintained since acquiring, with the units featuring large layouts, windows, closets, radiator heating, hardwood floors.
This value-add opportunity is an excellent investment for a multifamily investor to expand their portfolio with well stabilized buildings with the opportunity to raise below market rents.
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- $65k/Unit
- Opportunity For Investor to Raise Currently Below Market Rents: Significant Rental Upside
- Meticulously Maintained by Long-Term Local Owner
- Laundry Facilities On-Site
- Secured Entry Ways
- Easy Access to I-94 & I-90, Red Line, and Rock Island Metra