Kiser Group is pleased to exclusively present for purchase, the Fairfield Collection, a four (4) building, 26-unit collection, just east of the beautiful Douglass Park. The properties sit on a massive corner lot, conveniently located just blocks away from the CTA California Pink Line station, Lagunitas Brewery, and Cinespace Chicago Studios.
The Fairfield Collection has undergone extensive renovations under current ownership. Recent upgrades and improvements to the properties include but not limited to: individual furnaces, individual water tanks, individual AC units, updated electric, copper plumbing, modern kitchens and baths. The property also features and on-site laundry facility and twenty (20) designated parking spots generating additional income.
The Fairfield Collection presents a new investor the rare opportunity to obtain a fully renovated, cash flowing asset
in one of Chicago's most rapidly appreciating markets. From day one a new investor will realize an in place cap rate of 7.1%, with future potential to realize returns near 9% and
an 8.0% cap rate.