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930 W 35th StChicago, IL 60609
930 W 35th St
Asset ClassMultifamily
urban chicago stabilized multifamily
overview of deal

Overview

Greenstone Partners, as Exclusive Investment Advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in 930 W. 35th St. (the “Property”), a six-unit multifamily investment property ideally located in the heart of Chicago’s historic Bridgeport neighborhood.

 

Acquired in 2023, the Property has since undergone a comprehensive gut renovation featuring updated building systems and condominium-quality interior finishes. The Property offers a desirable unit mix consisting of one (1) one-bedroom-plus-den/one-bathroom unit, three (3) two-bedroom/one-bathroom units, one (1) two-bedroom/two-bathroom duplex-down unit, and one (1) three-bedroom/two-bathroom duplex-down unit. Each residence features stone countertops, stainless steel appliances, quality cabinetry, a dishwasher, and in-unit laundry.

 

Recent capital improvements include copper plumbing throughout, new electrical service with individual in-unit panels, tankless water heaters, new vinyl windows, a complete tear-off roof replacement, a new wood porch system, upgraded concrete walkways, and individual furnaces with central air conditioning. Additionally, the Property features a rear yard and parking pad accommodating two vehicles, providing a new owner with an opportunity to generate supplemental income.

 

930 W. 35th St. offers investors the opportunity to acquire a well-located, fully renovated multifamily asset in Bridgeport with limited near-term capital requirements and meaningful operational upside. Significant cash-flow growth may be achieved by bringing existing rents to market and implementing parking charges.

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Investment Highlights

⦿ Prime Bridgeport Location

 

⦿ Fully Gut-Renovated Asset

 

⦿ Condominium-Quality Finishes

 

⦿ Significant Mark-to-Market Rent Upside

 

⦿ Desirable and Diversified Unit Mix

 

⦿ Additional Parking Income Potential

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930 W 35th StChicago, IL 60609
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