Executive Summary
A 12-unit apartment building ideally suited for value-add investors seeking to create sweat equity through strategic repositioning. Six of the 12 units suffer from extensive fire damage. The property is well located in Chatham, benefiting from strong transit connectivity, durable neighborhood demand, and favorable Chicago multifamily fundamentals driven by a limited new supply pipeline. This is the type of asset where clean execution renovation efforts can translate directly into NOI growth, creating long-term stability for investors focused on both cash flow and appreciation.
