Listed on Nov 7, 2024

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Mixed Use

Property Type

No NOI data

Net Operating Income (NOI)

28 unit(s)

Total Units

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CAP RATE

28

Leasable Doors

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Price per unit

Rental portfolio

Subtype

Consisting of 4 buildings, each with one (1) commercial unit and six (6) apartments above, the Portfolio is located in the trendy Wicker Park area of Chicago. The residential units are a mix of 2- and 3-bedroom units with modern finishes including quartz counters, stainless steel appliances, and in-unit laundry and features 30 parking spaces with potential to add amenities to the existing rooftop space. There is also an existing billboard located above the Portfolio facing the Kennedy Expressway that can be monetized.

The Portfolio represents the opportunity for an investor to capitalize on modern living spaces in an up-and-coming neighborhood of Chicago and offers immediate value-add through lease-up of 3 of 4 existing commercial spaces.

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