Executive Summary
CRER is pleased to present 12-unit multifamily building located in the south side Chicago neighborhood of Auburn Gresham. The property includes a unit mix of (5) two bedroom, (3) one bedroom, and (4) studio units. There is a laundry room and 12 exterior parking spaces on-site. The building is currently 42% occupied and primed for an investor looking to add value.
Each of the vacant units will need to be renovated including updates to the kitchens and baths. The mechanicals (heating, electric, plumbing) are older but in working condition. The roof is near the end of its useful life.