Kiser Group is pleased to exclusively offer for purchase 8054 S. Ingleside, a 45 unit center-entrance courtyard located in the Chatham neighborhood of Chicago’s South Side. The subject property, a meticulously maintained courtyard, sits on a quiet, tree-lined, and one-way street just blocks west of the 83rd Street/Avalon Park Metra train stop, providing easy, affordable, and direct access to and from Chicago’s Downtown. 8054 S. Ingleside has an extremely desirable and unique unit composition. The building is currently comprised of studio, one, and two bedroom apartments. Of the 45 total units, the building is currently made up of seven (7) 0b/1ba studios,thirteen (13)1b/1ba apartments, and twenty-five (25) 2b/1ba apartments. All of which, however, have been tastefully renovated to varying degrees subject to the length of the renter’s tenancy. Nearly everything in the building, including structural components, has been updated including, but not limited to: a newer Weil and McLean heating system and separate hot water heaters, an updated and recently patched up roof, along with brand new and code compliant porch systems. 8054 S. Ingleside presents an investor with the opportunity to acquire stabilized and incredibly strong cash flowing asset. From day one, a new owner will realize an in place cap rate of 11% as well as an in place cash-on-cash return exceeding 20% at current market rate debt. Furthermore, a new investor will also realize a substantial value add opportunity. By improving leasing and management and converting remaining 1b/1ba units to 2b/1ba units, new investor can boost the income by nearly 30%.