Lucas Fryman - Commercial Real Estate Showcase

Lucas Fryman Property Listings
Interra Realty
640 N LaSalle St
Suite 200
Chicago, IL 60654

3225 W 111th Street

Chicago, IL 60655 - Mount Greenwood MF Submarket

Property Type:Multi-Family Number of Units:18 Status:Existing Year Built:1974
Stories:3 Building Size:11,400 SF Land Area:.26 AC (11,326 SF)
For Sale Price:$1,495,000 Price/Unit:$83,055.56 Cap Rate:8.00 % GRM:-

Parking:1.58 Parking Spaces / 1,000 SF

Sale Notes:

Interra Realty, LLC. has been exclusively engaged to market 3225 W. 111th St for sale. The sale presents an opportunity for qualified investors to purchase a well located, mixed use, California style building located in the Mt. Greenwood sub-market of Chicago. The building consists of 2 ground floor commercial spaces (occupied by the same tenant) as well as (15) 1BD/1BA units and (1) Studio/1 BA unit, all of which have been recently gut rehabbed. Condo quality unit upgrades include stainless steel appliances, hardwood floors, granite counter tops, kitchen cabinetry, and other cosmetic finishes.

Mount Greenwood is small town in big city built on a blue-collar work ethic and pride in home and family. Many Chicago police officers and firefighters have settled in the area. This southwest side neighborhood features varying architectural styles that include older homes, new construction and rehabbed dwellings. Mt. Greenwood is home to St. Xavier university which has a student body of nearly 4,000, a faculty of nearly 400, and offers more than 80 undergraduate and post-graduate degrees combined. In addition, Mt. Greenwood is served by the 111th Street Metra station (Rock Island District Line) and provides easy accessibility to Interstate 57.

Interra Realty
Lucas Fryman
(312) 477-0197

Joseph Smazal
(312) 477-0194

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