| CREOP

Discover an exceptional investment opportunity at 7644-48 Greenview, where lucrative returns await savvy investors. This multi-family property boasts a prime location and a promising ROI that will captivate those seeking a profitable venture in the real estate market.
Modern Amenities & Renovation: Recently renovated in 2024, providing a blend of updated features and operational efficiency.
Strong Unit Mix: 13 units (mix of 1 bed/1 bath and 2 bed/1 bath), with average monthly rents of $1,437 and potential for rent growth.
Favorable Financial Metrics: Pro forma cap rate of 8.14%; current cap rate at 6.5%.
Steady Cash Flow: 100% occupancy with a current Net Operating Income (NOI) of $130,047 and pro forma NOI of $162,844.
Investor Appeal: Ideal for buyers seeking a stable, income-generating asset with upside in a dynamic Chicago market.

The property is located in the West Ridge neighborhood of Chicago, known for its diverse population and vibrant cultural scene.
Nearby amenities include Indian Boundary Park, a 13-acre park featuring a nature area, playgrounds, and a lagoon.
The area is home to a variety of dining options, such as the acclaimed Pecking Order restaurant known for its Filipino-inspired cuisine.
Residents enjoy easy access to public transportation, with the CTA bus routes and the Red Line train station within close proximity.
The neighborhood boasts a mix of residential and commercial properties, making it an attractive area for both living and investing.