Calumet Park 52-Unit, 4 Bldg Portfolio Multi-Family FOR SALE


Calumet Park, IL
$3,600,000 USD
630-550-1515
, Calumet Park, IL for Sale
$3,600,000 USD
Multi-Family - FOR SALE
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Calumet Park 52-Unit, 4 Bldg Portfolio
Calumet Park, IL


HIGHLIGHTS

  • Strong Location
  • High Quality Renovations
  • Low In-Place Rents (10%-15%) upside

OVERVIEW

SVN is pleased to present a 4-building 52 Unit Multifamily opportunity located in the strong Calumet Park neighborhood of the Chicago South Suburbs. The desirable unit mix consists of (16) Spacious Studios, (28) 1 Bed 1 Bath, (8) 2 Bed 1 Bath apartments. Major Capital Improvements include: The majority of the units are recently renovated with modern kitchens and bathrooms. Newer roofs, newer windows, and updated tuckpointing. The Mechanical systems include: Separately metered electrical service, newer gas meters, and boiler systems that are heated through electrical baseboard heat throughout the portfolio. The majority of the portfolio is equipped with ample parking spaces. Option to purchase the entire portfolio or acquire 12500–12510 S. Lincoln Street, 1200 W. 127th Street, and/or 1234 W. 127th Street individually.

ASK ABOUT THIS PROPERTY

Joe ConnellySVN | Chicago CommercialMore Info
630-550-1515

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Joe ConnellySVN | Chicago CommercialMore Info
630-550-1515

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.