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613 Unit Multifamily Portfolio - Chicago, IL - Deal Available

Multifamily Investment Opportunity Available





Acquisition Price

50,882,000 (3% Buyer Fee included)


Great Opportunity to invest in a remarkable multifamily portfolio in Chicago, IL. Offering a total of 613 off-market multifamily properties in some of the best areas on the southside of Chicago-these properties are broken down into two separate packages-one consists of 343 units and the other one consists of 270 units. Please carefully read both offerings and notice that the owner is offering assumable low-interest Freddie Mac Financing.

Both packages may be purchased together or they may be purchased separately.


Portfolio Breakdown:


South Shore Portfolio: (50 Units) 7870 South Coles Ave. (5 units) 11 x 2/1 7661 South Coles Ave ( 11units) 19 x 1/1 7662-7666 South Shore Dr. (19 units) 12 x 2/1 - 3 x 1/1 7800 South Creiger Ave. (15 units) 1x 3/2 - 4 x 2/1 Ridgeland Portfolio: (42 Units) 7319-21S. Ridgeland 1736-38 E. 73 Place (26 units) 9 x 3/2 7318-20 S. Ridgeland Ave. (9 units) 28 x 1/1 7403-05 S. Euclid (7 units) 6 x 2/1 - 1x 1/1 Clyde South Shore Portfolio (36 Units) 7674 S. South Shore (16 units) 1 x 3/1 - 15 x 2/1 7001-09 S. Clyde Ave (20 units) 9 x 3/1 - 10 x 2/1 - 1 x 1/1 7235 S Jeffery (53 Units) 13 x 2/1 39 x 1/1 1 x 0/1

Bronzeville North (53 Units) 4340 S Michigan 3 x 5/2 - 3 x 4/2 4343 S Michigan 6 x 4/2 - 2 x 3/2 4501-4503 S Michigan 6 x 3/2 - 1 x 2/2 - 5 x 2/1 - 3/1/1 4846 S Michigan 5 x 3/2 - 1 x 2/2 - 2 x 2/1 4915 S Calumet 7 x 3/1 - 1 x 2/1 4919-21 S Calumet 6 x 3/1 - 2 x 2/1

Bronzeville South (37 Units) 5216 -18 Michigan 5 x 4/2 - 2 x 3/2 5726 -28 S Prairie 6 x 3/2 - 2 x 2/2 5730 S Prairie 6 x 3/2 - 2 x 2/2 5901 S Prairie 3 x 4/1 - 3 x 3/1 6154 S Evans 8 x 4/2


Cornell (31 Units) 31 x 2/1 7816 S. Cornell (31 Units) Chappel Portfolio (36 Units) 7001-7011 S. Chappel 2017-2045 East 70th St. ( 22 units) 7438 S. Chappel-7438-40 S. Chappel (6 units)1 - 1x 3/2 7441-43 S. Chappel ( 8 units)6 x 3/2 - 2 x 1/1 Bronzeville: (21 Units) 4413-15 S. Prairie Ave. (7 units)15 x 3/2 5318-20 S. Wabash Ave. (8 units)4 x 3/1.5 4841-43 S. Langley Ave. (6 units)2 x 2/1 70th (8 Units) 2320-22 E. 70th Place, Chicago (8units)8 x 2/1


PORTFOLIO UNIT MIX Chatham 1: (97 Units) 7953-59 S. Saint Lawrence Ave./606-08 E. 80th St. (19 units)6 x 2/1 - 13 x 1/1 7851-59 S. Indiana /202 1/2 E. 79th St (26 units)10 x 1/1 - 12 x studios - 4 comm 8016-22 S. Evans Ave. (25 units)9 x 2/1 - 16 x 1/1 7942-44 S. Champlain Ave. (13 units)3 x 2/1 - 10 x 1 8157-59 S. MLK, Jr. Dr./408-10 E. 82nd St. (14 units)3 x 2/1 - 11 x 1/1 Chatham 2: (53 Units) 8054-56 S. Champlain Ave./614-20 E. 81st St. (19 units)8 x 2/1 - 11 x 1/1 7801-05 S. Indiana Ave./207-15 E. 78th St. (13 units)3 x 2/1 - 10 x 1/1 8056-58 S. Calumet Ave./318-20 E. 81st St. (8 units)3 x 2/1 - 5 x 1/1 8059 S. Vernon Ave./434-40 E. 81st St. (13 units)5 x 2/1 - 8 x 1/1 Chatham 3: (47 Units) 8003 S. Evans Ave./733-45 E. 80th St. (22 units)3 x 2/1 - 19 x 1/1 7945-53 S. Langley Ave. (25 units)6 x 2/1 - 19 x 1/1 Chatham 4: (33 Units) 8001-03 S. Champlain Ave./639 E. 80th St. (7 units)7 x 2/1 8005-07 S. Champlain Ave. (7 units)7 x 2/1 8019-25 S. Champlain Ave. (19 units)18 x 1/1 - 1 studio S. Saint Lawrence: (17Units) 7956 S. Saint Lawrence Ave. (11 units)11 x 2/1 8125 S. Colfax Ave. (6 units)6 x 2/1


See these links for FINANCIALS and additional information: https://drive.google.com/file/d/1ITek0o7f05_KQsUYYNEbLFJSDeeLZNcu/view?usp=sharing


https://drive.google.com/file/d/1kUEpji89g7bS8RG-Ba9n8qaDY67hLYDE/view?usp=sharing





"Invest Wisely"






PROMISE LAND REALTY, LLC

Work: 313-307-6616

sarter@promiselandrealtyllc.com

www.promiselandrealtyllc.com

All Off Market Properties are Sold As-Is. Buyer must do their due diligence. Sold on Warranty deed. We are selling our assignable interest. Proof Of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*



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