Prime Location: Located in the Bronzeville neighborhood of Chicago which is known for its vibrant culture, architectural beauty, and artistic legacy.
Excellent Investment Opportunity: Live-in owner can take advantage of Fannie Mae financing, offering favorable terms, lower down payment, and competitive interest rates
Attractive Unit Mix: Property features (1) 3Bd/2Ba & (2) 4Bd/2Ba; Approximately 1,600 Square Foot Average Unit Size; Current ownership has updated some kitchen appliances
and added Washer/Dryer in-unit; a new owner will have the opportunity to renovate bathrooms and common areas
Transit Oriented Property: Walking distance to the 47th Street Green Line train station
Ability To Push Rents: Opportunity for new owner to immediately increase rents to market. Approximately $300-400/mo per unit of AS-IS rental
increase achievable