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3134 S Lituanica AveChicago, IL 60608
3132-34 S. Lituanica Avenue
Asset ClassMultifamily
Bridgeport Turnkey Multifamily
overview of deal

Overview

As the Exclusive Investment Advisor, Greenstone Partners is pleased to present the opportunity to acquire 3132-34 S Lituanica Avenue (the “Property”), a fully leased seven-unit adaptive reuse multi-family investment property in Chicago’s exciting Bridgeport neighborhood. The brand-new gut renovations to the vintage property provide a unique opportunity to enter a highly sought-after multi-family submarket with economies of scale in an exceptional rental product.

 

The vintage property has received a brand-new gut renovation that includes brand-new windows, floors, electrical, plumbing, HVAC, kitchens, bathrooms, roof, and laundry in-unit. This gives a new investor the rare opportunity to purchase a renovated seven-unit property in Chicago’s Bridgeport neighborhood.

 

The 8,500 leasable square foot buildings sit on 4,450 square feet of land. The Property consists of two (2) 4 Bed 3 Bath duplex down units, two (2) 2 Bed 2 Bath units, two (2) 1 Bed 1 Bath units, one (1) penthouse 4 Bed 3 Bath unit, and five (5) garage parking spaces.

 

The Property benefits from outstanding demographics: a 1-mile population of 33,806, an average household income of $79,688, and a median home value of $355,583.

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Investment Highlights

⦿ CONDO QUALITY APARTMENTS

 

⦿ IRREPLACEABLE LOCATION

 

⦿ BRIDGEPORT ART CENTER

 

⦿ SUPERIOR DEMOGRAPHICS

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3134 S Lituanica AveChicago, IL 60608

Sales Team

Tom GalvinInvestment Associate(773) 842-5655
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Listing provided by Revere CRE