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1151 W Erie StChicago, IL 60642
1151 W. Erie Street
Asset ClassMultifamily
Urban Chicago Turnkey West Town Multifamily
overview of deal

Overview

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.

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Investment Highlights

⦿ TURNKEY OPPORTUNITY

 

⦿ DYNAMIC WEST TOWN NEIGHBORHOOD

 

⦿ EXCEPTIONAL ACCESS TO PUBLIC TRANSIT

 

⦿ STRONG DEMOGRAPHICS + GROWING POPULATION

 

⦿ PROXIMITY TO FULTON MARKET & RIVER WEST TECH HUB

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1151 W Erie StChicago, IL 60642
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