Essex Realty Group, Inc. has been exclusively engaged to market for sale a 44-unit apartment building located in Chicago’s Austin neighborhood. The property is located at 42 N Waller Ave. This property features a favorable unit mix of mostly [88%] two- and three-bedroom units. There is an additional opportunity for an investor to add value through increasing currently below market rents. Further contributing to this portfolio’s cash flow is the assumable debt. The portfolio has an assumable loan with a balance of $2,955,000 [84% LTV at list] and a below-market interest rate of 5.23%. This portfolio presents the rare opportunity to acquire a stabilized portfolio with a desirable unit mix and achieve stellar cash-on-cash returns with a low rate, high leverage assumption.