Kiser Group is pleased to exclusively offer for purchase 1651 E. 74th Pl, a rarely available twenty-four (24) unit walkup located in Chicago’s South Shore neighborhood. The building is located on an incredibly quiet and desirable tree lined corner, while conveniently located near CTA transportation. The neighborhood has seen unprecedented growth and demand over the years, with an abundance of recent developments in the area. Including the construction of the Obama Presidential Library, the neighborhood is poised for further growth and appreciation. 1651 E. 74th Pl is currently comprised of twelve (12) 1bd/1ba and twelve (12) 2bd/1ba units. All units feature incredibly spacious layouts with hardwood floors and an abundance of natural light. Throughout the years, the building has undergone renovations consisting of, but not limited to: code compliant exterior porch system, newer hot water tanks (2017), and a modern boiler with R&D control system. 1651 E. 74th Pl presents an investor with a unique opportunity to acquire a strong, positive cash-flowing building with an in-place cap rate of 9.22%. Given the quality of the units coupled with the prime location, by releasing and increasing rents to levels already being achieved in the building, an investor could increase the cap rate to just over 13%.