Description
Six-unit multifamily property located in the Chatham neighborhood on Chicago's South Side. The property consists of three 1-bedroom/1-bath units and three 2-bedroom/1-bath units. Each unit features separate living and dining areas. The building includes a detached four-car garage located at the rear of the property. All units are currently occupied. Tenancy is month-to-month. Current rental rates are below prevailing market levels for comparable units in the immediate area. The property is situated within close proximity to neighborhood retail corridors, public transportation options, and major arterial roadways, providing convenient access to downtown Chicago and surrounding employment centers. Asset offers rental growth potential through interior updates and market repositioning.
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0BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Six-unit multifamily property located in the Chatham neighborhood on Chicago's South Side. The property consists of three 1-bedroom/1-bath units and three 2-bedroom/1-bath units. Each unit features separate living and dining areas. The building includes a detached four-car garage located at the rear of the property. All units are currently occupied. Tenancy is month-to-month. Current rental rates are below prevailing market levels for comparable units in the immediate area. The property is situated within close proximity to neighborhood retail corridors, public transportation options, and major arterial roadways, providing convenient access to downtown Chicago and surrounding employment centers. Asset offers rental growth potential through interior updates and market repositioning.
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