Value Add 68 Unit Multifamily Building in Chicago, IL
Asking Price: $1,850,000.00
- Description
- Offering Memorandum
- Showing Request
Description
Asking Price: $1,850,000/ $27,206 per unit (Reduced from $2,000,000/ $29,412 per unit)
Total Number of Units: 68
Unit Mix: All Studio Units
Lot Size: 8,700 SF
Zoned: B3-2
2022 Property Taxes: $101,326.00
AW Properties is pleased to present a value-add, four-story, 68-unit, multifamily property located in the Austin neighborhood of Chicago. The property consists of 68 Studio units. Heat for the units is provided by electric base board and gas forced units for the common areas. Kitchens can be equipped with a microwave and a mini refrigerator. The property has an elevator which is currently down / non-functional. There is a laundry room with (3) washers and (3) dryers.
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