Proud to present a contemporary 9 unit multifamily property situated at 1444 S. Trumbull Ave in the vibrant North Lawndale neighborhood of Chicago, IL. The property is situated in the thriving North Dawndale community of Chicago, IL, a strategically located area with potential for growth. The neighborhood offers a mix of residential and commercial spaces, providing a balanced and desirable living environment. The property presents a moderate value-add opportunity, allowing for strategic improvements to enhance overall asset value. Implementing targeted renovations and upgrades can lead to increased rental income and improved tenant satisfaction. A diverse unit mix of 2-bedroom and 3-bedroom units caters to a broad tenant demographic, providing flexibility in attracting and retaining residents. The property's attractive 9.10% cap rate positions it as a promising investment for stable and consistent cash flow. The North Lawndale community strategic location ensures proximity to key amenities, transportation hubs, and employment centers, contributing to sustained tenant demand.
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For more information about 1444 S Trumbull, Chicago, IL 60623 contact Corcoran Urban Real Estate.
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Listing provided by Keller Williams ONEChicago
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