Essex Realty Group, LLC is pleased to present the opportunity to acquire a 21-unit, three-building multifamily portfolio located in the Auburn Gresham neighborhood of Chicago’s South Side. The offering consists of 7929, 7935, and 7957 S Wood Street, all situated on the same block, allowing for efficient management and operational scale.

The portfolio features a strong unit mix with a concentration of two- and three-bedroom units, as well as a stable tenant base supported in part by CHA voucher tenants. The properties benefit from a combination of building systems, including a boiler building at 7929 S Wood and individually metered units with separate furnaces and water heaters at 7935 and 7957 S Wood.

With minimal vacancy and recent capital improvements, including roof work at two of the buildings, the portfolio offers investors immediate in-place income along with the opportunity to further enhance revenue through rent growth and operational efficiencies. This is a rare opportunity to acquire a well-located, contiguous portfolio in a strong workforce housing submarket.

The subject portfolio is located in the Auburn Gresham neighborhood on Chicago’s South Side, a well-established residential area known for its strong rental demand and affordability. The properties are situated along the 7900 block of South Wood Street, with all three buildings within immediate walking distance of one another, providing tenants with convenient access to neighborhood amenities and transit options.

Auburn Gresham benefits from proximity to major thoroughfares including 79th Street, Ashland Avenue, and Western Avenue, which offer a wide range of retail, dining, and essential services. The area is well-served by public transportation, including multiple CTA bus routes and nearby Metra access, providing connectivity to downtown Chicago and surrounding neighborhoods.

The neighborhood is characterized by a dense residential population, a strong presence of workforce housing, and consistent demand driven by affordability and accessibility. Nearby amenities include parks, schools, and community institutions, further supporting long-term tenant stability.

Overall, Auburn Gresham offers investors a high-density, cash-flow-driven submarket with reliable tenant demand, accessible transportation, and strong fundamentals for long-term investment performance.

• 21-Unit Multifamily Portfolio across three contiguous buildings. Can be sold as a portfolio or individually.
• 7929 S Wood: 6 units (boiler building)
• 7935 S Wood: 7 units (individual furnaces & water heaters)
• 7957 S Wood: 8 units (individual furnaces & water heaters)
• Portfolio Proximity & Efficiency
• All three buildings located on the same block
• 15 of 21 units leased to CHA voucher tenants
• Strong Unit Mix: 2x 1Bd/1Ba | 8x 2Bd/1Ba | 10x 3Bd/1Ba | 1x 3Bd/2Ba