Description:

The subject property consists of eight one-bedroom/one-bathroom apartments and two retail units. This asset
has been well-maintained over the years and has undergone many recent capital improvements including:
updated heating, plumbing, electrical and a newer roof and windows. All of the apartments have updated
kitchens, baths, and open floor plans with exposed brick and individual tenant paid utilities.
At the intersection of 8700 South Ashland, the subject property is located along a stretch of Ashland and 87th
that is lined by retailers, office users, and apartment buildings. This area is well-driven with over 60,000 vehicles
traveling past the property daily. The property also benefits from a CTA bus stop.
This asset gives an investor the ability to acquire a well-maintained property in the busy 87th Street corridor and
achieve above average returns from day one and potential upside through leasing and management.
Fully Occupied Turnkey Asset with Third Party Management In-Place
Intersection of 87th and Ashland is a High Traffic Location with 60,000 Cars Per Day
Recently Updated Plumbing, Electrical and Heating Systems
Units Were Recently Renovated and Feature Individual Tenant Paid Utilities
Long Term Retail Tenant at This Location for a Decade

Presented by:

Adriana  West

Managing Director

(678) 534-2718

(678) 907-7034

Click here to email

Listed by:

Keller Williams ONEChicago