10.6% Cap Fully Leased Apartment Building in Opportunity Zone

Located in Opportunity Zone

At the corner of Central Park and 15th, a 16,000 square foot multi-family building is available for sale. The building is divided into 17 units – six 3-bed and 11 2-bed apartments – plus three non-conforming units. The building is fully leased, with many long-term tenants with below market rents. The units feature recently updated kitchens and baths, as well as many with hardwood floors throughout. With solid in-place income, this property is a great opportunity to add value through leasing.

Located on the west side of Chicago, this property is close to several schools, churches, Independence Square and Douglas Park. The property is convenient to several CTA bus routes as well as the CTA Pink Line.