Essex Realty Group, LLC is pleased to present the Harwood Heights Portfolio, a rare opportunity to acquire three fully renovated 12-unit apartment buildings—4747 N Ronald Street, 7005 W Gunnison Street, and 7538 W Lawrence Avenue—located in the highly sought-after suburb of Harwood Heights, just outside the City of Chicago. This 36-unit portfolio offers investors the opportunity to acquire immediate scale in a supply-constrained, infill neighborhood with strong rental demand and limited turnover.
All three properties were nicely renovated in 2023 and feature identical unit mixes — four one-bedroom/one-bathroom units and eight two-bedroom/one-bathroom units per building. Renovations were completed to a high standard, including new kitchens with quartz countertops and stainless steel appliances, updated bathrooms, luxury vinyl flooring, custom millwork, and new window treatments. Each building was also improved with a newly added common laundry room to enhance tenant convenience.
This portfolio provides an ideal long-term hold opportunity with strong in-place cash flow, minimal deferred maintenance, and continued rent growth potential. Rent Roll, income/Expense statements, and additional photos for each property are available via the “Deal Room,” accessible through the property website.