Listing Description
1101 S. Richmond is a 7-unit apartment building located in Chicago's hot North Lawndale neighborhood. This asset has an in-place cap rate of 9%, is composed of 7 BIG apartments (2 x 2/2s, 4 x 3/2s & 1 x 4/3) and has plenty of rental upside. Hungry? Sustenance at Aldi & Mariano's are just 10 & 13 minutes away respectively. Need to get back to the office? The CTA's Roosevelt & Western station is a 12-minute walk from your front door. Need to get out of Dodge? The Eisenhower Expressway is 4-minutes due North. 28th Ward Alderman Jason Ervin runs the show. Information deemed reliable, but not guaranteed. Use diligence. Please note: The asset is being sold as part of a larger 7 building 58-unit package. Please check under the Additional Information tab. PROPERTIES ARE AVAILABLE INDIVIDUALLY!