The Wood Street Portfolio presents an opportunity to acquire a 21-unit multifamily portfolio located in the Auburn Gresham neighborhood on Chicago’s South Side. This offering consists of three contiguous buildings at 7929, 7935, and 7957 S Wood Street, all situated on the same block for operational efficiency and ease of management. The portfolio features a strong unit mix of one-, two-, and three-bedroom apartments, with 15 of the 21 units leased to CHA voucher tenants, providing a stable income base.
Recent capital improvements, including roof work at two buildings, combined with minimal current vacancy, position this portfolio for immediate in-place income and long-term upside through rent growth and operational efficiencies. The properties benefit from a mix of building systems, including a boiler building at 7929 S Wood and individually metered units with separate furnaces and water heaters at 7935 and 7957 S Wood. Located in a dense residential area with strong rental demand, the portfolio offers proximity to major thoroughfares, public transportation, and essential neighborhood amenities.