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Investment Highlights

  • 21-unit multifamily portfolio across three contiguous buildings on the same block.
  • Recent capital improvements, including roof work at two buildings in March 2026.
  • 15 of 21 units leased to CHA voucher tenants, ensuring income stability.
  • Proximity to major thoroughfares, public transportation, and neighborhood amenities.

Executive Summary

The Wood Street Portfolio presents an opportunity to acquire a 21-unit multifamily portfolio located in the Auburn Gresham neighborhood on Chicago’s South Side. This offering consists of three contiguous buildings at 7929, 7935, and 7957 S Wood Street, all situated on the same block for operational efficiency and ease of management. The portfolio features a strong unit mix of one-, two-, and three-bedroom apartments, with 15 of the 21 units leased to CHA voucher tenants, providing a stable income base.
Recent capital improvements, including roof work at two buildings, combined with minimal current vacancy, position this portfolio for immediate in-place income and long-term upside through rent growth and operational efficiencies. The properties benefit from a mix 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. Located in a dense residential area with strong rental demand, the portfolio offers proximity to major thoroughfares, public transportation, and essential neighborhood amenities.

Property Facts

Price $2,748,113 CAD
Price / SF $119.86 CAD / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 9.58%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 22,928 SF
Total Land Area 0.38 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
7957 S Wood St, Chicago, IL 60620 Multifamily 8,180 SF 1925 -
7929 S Wood St, Chicago, IL 60620 Multifamily 7,377 SF 1927 -
7935 S Wood St, Chicago, IL 60620 Multifamily 7,371 SF 1925 -
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  • Listing ID: 40134191

  • Date on Market: 2026-04-13

  • Last Updated:

  • Address: The Wood St. Portfolio, Chicago, IL

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