Kiser Group is pleased to exclusively present for purchase 235 E. 115th St. a nine (9) unit mixed use building in Chicago's Pullman neighborhood. The property is a short walk away from Palmer Park, the Kensington/ 115th Metra Station, and just a 25 minute drive from downtown Chicago.
235 E. 115th St. consists of three (3) 1Bd/1Ba units, one (1) 2Bd/1Ba unit, and five (5) retail spaces. By converting these units to 2 bedroom apartments, this gives an owner flexible options on what they can achieve with this building. The units have individual and separate utilities and nice square layouts.
235 E. 115th St. requires plenty of TLC, providing a new owner the opportunity to add significant value through renovations of the apartments, common areas, and retail spaces. A unique opportunity to hand select a tenant base, an owner can achieve a cash flowing asset by setting rental rates already achieved in the area.