Chicago, IL 60649
$1,050,000 sold price

Mark Quesada
Broker / Owner
LIC #475144827
This is a unique opportunity to acquire a fully occupied, 11-unit investment property in Chicago's historic Jackson Park Highlands with little capital needed to increase rents. Current rents are running significantly below market, giving a new owner a clear and immediate path to grow income as units turn - no renovations, no forced displacement. The building has undergone significant improvements over the past several years, including new AC units, updated plumbing, updated electrical panels, security cameras, on-site laundry, and a custom dog park with a drainage system. A gated parking lot - rare for a building of this size - is currently unmonetized and represents additional untapped income potential. The neighborhood is only getting better: the Obama Presidential Center, Quantum Shore Development, Thrive Exchange, and more are all driving renewed demand and long-term appreciation in the area.
Listed by Matthew Neistat, Jameson Sotheby's Intl Realty
MLS# MRD12599733 · Sold
History reflects records reported to the MLS and may be incomplete.