Ted Stratman - Commercial Real Estate Showcase

Ted Stratman Property Listings
Managing Partner
Interra Realty
640 N LaSalle St
Suite 200
Chicago, IL 60654

6314 S Eberhart Avenue

Chicago, IL 60637-3306 - Park Manor MF Submarket

Property Type:Multi-Family Number of Units:- Status:Existing Year Built:-
Stories:2 Building Size:35,183 SF Land Area:-
For Sale Price:$2,200,000 Price/Unit:$2,200,000.00 Cap Rate:10.10 % GRM:-


Sale Notes:
Interra Realty has been exclusively hired to market this Eight (8) Building, Twenty Five
(25) unit multi-family South Side Portfolio.

This portfolio includes a total of twenty four (24) leased units, as well as one (1)
unit that is currently unfinished. The 24 rehabbed, occupied units consist of One (1) Two
Bedroom, Eight (8) Three Bedroom, Fourteen (14) Three Bedroom / Two Bath units, and
One (1) Four Bedroom / One Bath Units. 21 of the 24 occupied units are CHA tenants.

All properties have recently gone through extensive rehab including newer plumbing, electric, kitchens (granite) and bathrooms. All units have individual, tenant paid heat. Unit mix consists of 1, 2,3 and 4 Bedroom units.

Cash on Cash Return of 18% on Current Financials and 10.1% Cap Rate at List Price. Please call or email for additional information or to submit an offer.

Interra Realty
Jeremy Morton
(312) 724-7010

Ted Stratman
(312) 361-3133

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