551 N Central Ave
Chicago, IL 60644
Upon Request
Price
Sq. Ft.
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Request the Offering Memorandum for 551 N Central Ave Chicago, IL 60644

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Executive Summary

Portfolio Asking Price:  $2,825,000

A 12-unit center-entrance walk-up in Chicago’s Austin neighborhood, offered as part of a 95-unit, five-property portfolio. Built in 1914 on a 7,834 SF lot zoned RT-4, the building has all one-bedroom units averaging about 605 SF. Most units are vacant and need work, which suits a hands-on investor planning a full lease-up.

  • Units: 12
  • Unit Mix: (12) 1BR/1BA
  • Occupancy: 16.7%
  • Year Built: 1914

Sold as-is. Receiver sale subject to court approval. Offered only as part of the 95-unit portfolio.

Property Location

Chicago » 60644 » 551 N Central Ave

Property Details

Status Active
Property Type Multifamily
Price Upon Request
Residential Unit Mix (12) 1BR/1BA

Portfolio Properties

4918 W Augusta Blvd
Chicago , 60651
5214 W Washington Blvd
Chicago , 60644
318 N Lotus Ave
Chicago , 60644
42-52 N Waller Ave
Chicago , 60644

Broker Contact

Nate Gautsche

Nate Gautsche, CCIM

Mobile: (312) 925-2521

Office: (773) 327-9300

Email: NateG@crer.com

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