Baum Realty Group, LLC (“Baum Realty”) has been exclusively retained to offer for sale a portfolio of four (4) multifamily buildings with a total of one hundred and four (104) units throughout the South Shore, Woodlawn, and Washington Park neighborhoods of Chicago (collectively, the “Portfolio”).
The Portfolio consists of the following properties:
6952 S. Clyde Avenue, Chicago IL (25 units)
7645 S. East End Avenue, Chicago IL (25 units)
5253 S. Prairie Avenue, Chicago IL (24 units)
6214 S. Eberhart Avenue, Chicago IL (30 units)
In the aggregate, the Portfolio is approximately 39% occupied. The properties are being sold in "as is" condition with considerable value-add opportunity for a new owner to increase occupancy and boost NOI via unit renovations, increased rents, and improved management inefficiencies. The properties in the Portfolio are generally easily accessible via a multitude of public transit options including the CTA Red, Green, and Orange lines or the Metra.
The offering is for the Portfolio only and will not be available to investors seeking properties on an individual basis. Price is subject to offer.