Kiser Group is pleased to exclusively offer for purchase 1422 W. Garfield Blvd, an eighteen (18) unit building in the West Englewood neighborhood on Chicago's South Side. The property sits next to Sherman Park – a 60-acre park on a lagoon that offers fishing, sports facilities, gyms, gardens, and more. Additionally, the building lies within walking distance to an abundance of public transportation and transit options along Garfield Blvd and Ashland Ave. 1422 W. Garfield Blvd has a unit mix comprised of sixteen (16) 1Bd/1Ba units & two (2) 3Bd/1Ba units. Each unit boasts a spacious layout with hardwood flooring throughout, an abundance of natural light, and are equipped with individual HVAC units and hot water tanks. Further improvements to the building consist of, but are not limited to, an updated roof, code-compliant porches, 100% copper plumbing, and a 1,000 amp electric service with in-unit circuit breakers. 1422 W. Garfield presents an investor with the opportunity to acquire a stabilized, cash-flowing property. From day one, an investor will realize a cap rate over 10% and a cash return of 16.88%. Furthermore, a new investor will also realize a substantial value-add opportunity. By improving leasing and simply raising rents to current market rate levels, there’s an opportunity to achieve a cap rate over 12% and a cash return of 27.81%.