12500-12510 S Lincoln.

Highlights

• Strong Location
• High Quality Renovations
• Low In-Place Rents (10%-15%) upside

Description

SVN is pleased to present a two-building 32-Unit Multifamily opportunity located in the strong Calumet Park neighborhood of the Chicago South Suburbs. The desirable unit mix consists of (16) Spacious Studios and (16) spacious one-bedroom one-bath apartments. Major Capital Improvements Include: The Majority of the units are recently renovated with modern kitchens and bathrooms. Newer roofs, newer windows, and updated tuckpointing. The Mechanical systems include: Separately metered electrical service, newer gas meters, and boiler systems that are heated through electrical baseboard heat throughout the portfolio. The majority of the portfolio is equipped with ample parking spaces. 12500-12510 S Lincoln portfolio allows for investors to acquire strong cash-flowing assets that are very well maintained with strong upside of rental increases.

Calumet Park, IL