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Faits saillants de l'investissement
- Four-Building Portfolio: Includes 8249-59 S. Evans Avenue, 7908 S. Prairie Avenue, 319-25 E. 79th Street, and 7431- 37 S. King Drive
- Value-Add Opportunity: Potential to enhance returns through unit renovations, leasing-up, and operational efficiencies across the portfolio
- Diverse Unit Mix featuring 97 residential units and 17 retail storefronts
Résumé de l'annonce
The Greater Chatham Portfolio consists of four (4) mixed-use and multi-family assets totaling 97 residential and 17 retail units across 81,168 square feet in Chicago’s Chatham and Greater Grand Crossing neighborhoods. The portfolio includes 8249-59 S. Evans Avenue, 7908 S. Prairie Avenue, 319-25 E. 79th Street, and 7431-37 S. King Drive featuring 32 studio units, 62 1 bed units, and 3 2 bed units. Collectively, the portfolio offers upside through additional lease-up and operational efficiencies. The Properties feature a diverse mix of ground-floor retail storefronts and upper-level apartment units positioned along established South Side commercial corridors. The portfolio benefits from strong neighborhood visibility, a dense surrounding population base, and proximity to major arterials including 79th Street, Cottage Grove Avenue, and the Dan Ryan Expressway—making it a compelling value-add opportunity within a strengthening South Side rental market
Auction Platform Page: https://rimarketplace.com/auction/3157/multifamily/chicago/il
Auction Platform Page: https://rimarketplace.com/auction/3157/multifamily/chicago/il
Faits sur la propriété
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 7908 S Prairie Ave, Chicago, IL 60619 | Immeuble residentiel | 27 190 pi² | 1928 | - |
| 8249 S Evans Ave, Chicago, IL 60619 | Immeuble residentiel | 22 890 pi² | 1927 | - |
|
7431 King
7431-47 s King Dr, Chicago, IL 60619 |
Immeuble residentiel | 17 388 pi² | 2020 | - |
| 319-325 E 79th St, Chicago, IL 60619 | Immeuble residentiel | 13 700 pi² | 1926 | - |
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Greater Chatham Portfolio
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