IN PLACE GAI IS 26% BELOW CURRENT MARKET RATE
MAJOR VALUE-ADD
- ANNUAL GROSS INCOME IS 26% BELOW MARKET POTENTIAL
INCREASE RENTS TO MARKET VALUE
IMPLEMENT A RUBS PROGRAM
CHARGE A FEE FOR INDOOR GARAGE PARKING
PROPERTIES ARE IN EXCELLENT CONDITION AND THERE IS HIGH DEMAND FOR UNITS OF THIS QUALITY
THIS OFFERING IS AVAILABLE TO BE PURCHASED WITH 7250 W. 157TH STREET, ORLAND PARK, IL 60462, WHICH ALSO HAS AN INCREDIBLE VALUE-ADD ASPECT - INCREASE INCOME BY 23%, CONSERVATIVELY
TWO ADJACENT BUILDINGS
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THERE IS A TOTAL OF 45 APARTMENTS INCLUDED BETWEEN THE TWO BUILDINGS.
6614 W. 65TH STREET, CHICAGO, IL, 60638 IS A 29 UNIT MULTIFAMILY WALK UP PROPERTY CONSISTING OF:
(6) ONE BEDROOM/ONE BATHROOM UNITS
(1) THREE BEDROOM/TWO BATHROOM UNITS
(22) TWO BEDROOM/TWO BATHROOM UNITS
BUILT IN 2017
ALL UNITS FEATURE STAINLESS STEEL APPLIANCES, DISHWASHER, BUILT IN MICROWAVE, GRANITE KITCHEN WITH 42' CABINETS, CENTRAL AIR, IN-UNIT LAUNDRY, HIGH CEILINGS, HARDWOOD FLOORING, WALK-IN CLOSETS, EXTRA STORAGE SPACE AND BALCONY OR PATIO.
6636 W. 65TH STREET, CHICAGO, IL IS A 5 STORY ELEVATOR EQUIPPED 16 UNIT MULTI-FAMILY PROPERTY CONSISTING OF:
(16) TWO BEDROOM/TWO BATHROOM UNITS
ALL UNITS FEATURE STAINLESS STEEL APPLIANCES, DISHWASHER, BUILT IN MICROWAVE, GRANITE KITCHEN, CENTRAL AIR, MASTER BATHROOM FEATURES A STAND UP SHOWER AND JACUZZI BATHTUB AND A PRIVATE BALCONY. 4 OF THE 16 UNITS HAVE INCREDIBLY LARGE PATIOS/TERRACE LOCATED OVER THE GARAGE.
BUILT IN 2013
SPOTLESS RENT COLLECTION HISTORY
- ALL APARTMENT APPLICANTS ARE HIGHLY SCREENED AND THE BUILDINGS HAVE A SPOTLESS COLLECTI0N HISTORY
- The subject property is located on the far southwest side of the city of Chicago, IL, AKA Garfield Ridge/Clearing neighborhood. Located on 65th Street, it sits on the border of Bedford Park, IL to the south. Just to the north of the buildings are community of single family homes. The southern portion of Chicago Midway International Airport is located within this community area. The Chicago Loop is 14 miles from the property.