Greenstone Partners is pleased to present this confidential valuation for 1151 W. Erie Street (the “Property”). This gut-renovated multifamily investment property is located in Chicago’s heavily populated West Town neighborhood, just south of Chicago Avenue.
The vintage apartments, comprise of nine (9) units, received a recent gut renovation. The property consists of one studio 1 Bath, five 1 Bed 1 Bath, and three 2 Bed 1 Bath. Each apartment features new kitchens, bathrooms, hardwood floors, stainless steel appliances, HVAC, and in-unit laundry.
The property benefits from solid demographics: a 1-mile population of 64,570, an average household income of $151,007, and a median home value of $484,223.
⦿ TURNKEY OPPORTUNITY
⦿ DYNAMIC WEST TOWN NEIGHBORHOOD
⦿ EXCEPTIONAL ACCESS TO PUBLIC TRANSIT
⦿ STRONG DEMOGRAPHICS + GROWING POPULATION
⦿ PROXIMITY TO FULTON MARKET & RIVER WEST TECH HUB