Real Realty has been exclusively engaged to bring to market this 8 unit apartment building located in the North Austin Submarket.  The property is located at 1135-41 N. Lamon Avenue. The property consists of (8) 2 bedroom / 1 bathroom apartments. Current rents are approximately $150 below market. This is an opportunity for a new owner to make moderate renovations, increase rents and improve the net income by over $14,000 within the next 12-18 months.  Included in the sale is an adjacent lot that could be paved and provide on-site parking for tenants. Monthly parking rates in this neighborhood range from $50-$100 adding additional income to the bottom line. This asset is situated between Bethel New Life and well maintained single family homes. Bethel New Life is one of the most community driven organizations of Chicago dedicated to rebuilding and revitalizing the neighborhoods on the west side by providing holistic wellness services to those within the community.