Opportunity to purchase 10 units in Chatham with individually heated GFA furnaces and all two bedroom units. New windows in last 2 years. Very well maintained property with ability to raise rents. Current CAP 8.4% with room to move to a 10% CAP. The subject property is just blocks from major retail and shopping corridor on 79th street. New investor should have opportunity to raise rents $100 per unit to get rents toward average rents in the area. Stabilized building with plenty of room to grow!
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For more information about 740 E 82nd, Chicago, IL 60619 contact Corcoran Urban Real Estate.
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Listing provided by Triton Realty Group LLC
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