Northwest Side Multi-Family Portfolio

Sales Overview

  • Price: $5,000,000
  • Number of Units: 33
  • Property Type: Multi-Family

Highlights

  • Desirable NW Chicago and NW Suburban Markets
  • Immediate Economies of Scale in Low Density/Sale Velocity Submarkets
  • 4/5 Buildings Fully Renovated with Market Leading Finishes
  • Ability to Add-Value Via Modernizing Remaining Vintage Building

Description

Interra Realty has been exclusively engaged to market a rarely available portfolio of multifamily assets in the Portage Park and Montclare Neighborhoods of Chicago, as well as Chicago’s near northwest suburb, Harwood Heights.
The portfolio includes 32 apartment units (plus one non-conforming unit) across 5 buildings. The unit mix includes (20) 2 bedroom / 1 bath units and (12) 1 bedroom / 1 bath units. Four of the buildings have been fully renovated with market leading finishes, which leased very quickly. One building was more recently acquired, and will be delivered vacant to allow investors the ability to add value.

  • 5852 W. Irving Park Rd.
  • 3025 N. Harlem Ave.
  • 4916 N. Harlem Ave.
  • 4904 N. Harlem Ave.
  • 4932 N. Harlem Ave.

Location

Contact the Brokers

Joe Smazal

Senior Managing Partner

312-477-0194

Colin O'Malley

Director

312-361-3138