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2823 N Central Park AveChicago, IL 60618
2823-27 N. Central Park
Asset ClassMultifamily
overview of deal

Overview

Greenstone Partners is pleased to present the opportunity to acquire 2823-27 North Central Park (the “Property”), an eight-unit turn-key multifamily investment property on the border of Chicago’s heavily populated Logan Square/Avondale neighborhoods. The building is positioned on the southeast corner of Central Park and Drake.

 

The property has received a substantial renovation, including brand new electric service. Select units received new kitchens, baths, HVAC, lighting, doors and hardware, and appliances. Additionally, new porches have been installed for outdoor space for the rear units. Four of the eight units have laundry in-unit. This gives an investor the rare opportunity to purchase a fully renovated property in the exciting Avondale neighborhood with some additional upside.

 

The property benefits from solid demographics: a 1-mile population of 59,376, an average household income of $90,600, and a median home value of $367,667.

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Investment Highlights

+TURNKEY OPPORTUNITY WITH ADDITIONAL UPSIDE

 

+DYNAMIC AVONDALE/LOGAN SQUARE NEIGHBORHOOD

 

+MULTIPLE MASS TRANSIT OPTIONS

 

+LOGAN SQUARE MONUMENT PARK

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2823 N Central Park AveChicago, IL 60618
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Listing provided by Revere CRE