Masonry, corner, 3-story, 18-unit walk-up building located in the Park Manor neighborhood on Chicago's south side. There is a small rear courtyard area which contains a newer wooden porch system, a small, grassy yard and gated area with space to park two vehicles. There are there basement areas which are accessed via the rear courtyard. The basement areas house the building's central hot water tank and central boiler system, gas and electric meters, as well as storage. The unit mix is as follows: 9 One bedroom/One bathroom Units; 7 Two bedroom/One bathroom Units; 2 Three bedroom/One bathroom Units; The property was acquired by ownership as part of a 6-building portfolio in December-2018. It is currently 89% occupied. Management has not been aggressively raising rents since acquisition and there is tremendous upside potential with these below-market rents.
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Listing information last updated on August 23rd, 2019 at 1:50am CDT.