Interra Realty has exclusively listed a 2 building (6-units each), 12-unit portfolio in Midlothian, IL (Southwest Suburbs) at 14613 Karlov Avenue & 14639 Keystone Avenue. The unit mix comprises of 5 2bdrs/1.5baths, 5 2bdrs/1baths & 2 1bdrs/1baths. The units are heated by hot water baseboard heat and cooled via individual wall A/C units. Each building has laundry facilities which are operator owned. Roofs for both buildings have been replaced in 2023. Majority of the units are in original condition, if updated – would receive around $1,650 for 2bdr/1.5 baths, 2bdr/1Ba $1,550 and 1bdr at $1,350. My proforma scenario is on an as-is basis. The buildings are approximately 22 miles South of the downtown Chicago Loop. This location offers commuters convenient access downtown via the Metra Train Station, Interstate 294, and many bus stops nearby. A new investor has the opportunity to increase rents by 24% in as-is condition at a 13%+ cash on cash return. Price: $1.1M Proforma Cap Rate: 9.2% Price Per Unit : $91K