The subject property consists of seven apartment units with significant upside in the rents, either as-is or after renovation. The exact unit mix is currently comprised of six two-bedroom/one-bath, and a singular one-bedroom/one-bath. Six of the units can be converted into three-bedroom/one-baths or three-bedroom/two-baths. The building has many long-term tenants with below market rents so it's not realizing its full potential. The electrical service was recently replace with a new 600AMP electrical service. Additionally, the property is in Chicago's ADU Ordinance zone, therefore adding an eighth unit is a possibility.
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
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