33 Realty proudly presents an outstanding investment opportunity in Chicago's Austin neighborhood! This fully renovated 23-unit apartment complex offers the rare combination of guaranteed long-term income and social impact investing. The property is 100% master leased to the Primo Center, a well-established non-profit organization dedicated to helping Chicago families experiencing homelessness, ensuring stable rental income through 2034!
Investment Highlights:
? Guaranteed Annual Income: $338,745 with attractive 3% annual escalations
? Zero Vacancy Risk: 100% occupied through 2034
? Recently Renovated: Complete property rehabilitation in 2020
? Diverse Unit Mix for Maximum Utility:
• 5 One-Bedroom/One-Bath Units
• 6 Two-Bedroom/One-Bath Units
• 6 Three-Bedroom/Two-Bath Units
• 4 Three-Bedroom/One-Bath Units
• 1 Four-Bedroom/Two-Bath Unit
• Premium Commercial Space (~3,500 sq ft)
This turnkey investment opportunity combines steady cash flow with significant social impact through its partnership with the Primo Center, one of Chicago's leading organizations fighting family homelessness. Don't miss this chance to secure a fully-leased, recently renovated property with guaranteed income growth!