CLOSED – MULTI-FAMILY
1014-1032 West Leland Avenue Chicago, IL 60640
PRICE
Call for details
NUMBER OF UNITS
19
PROPERTY LISTED

Essex Realty Group, Inc. is pleased to exclusively present for sale 1032 W. Leland Avenue in Chicago, Illinois. This nineteen unit mixed-use property was renovated in 2011. The property presents a unique opportunity to add value by the raising rents approximately 21% to market rates.The property is steps from the Wilson CTA Red & Purple line stop which is part of the largest capital improvement project in CTA History. The property is located within a TOD zone and will benefit from the growing demand and rising rents in the Uptown submarket.

LOCATION DETAILS

.

HIGHLIGHTS
  • 2011 renovated property with attractive in-place income
  • Value-add opportunity; potential to raise the rents 21% ($269 on average per unit)
  • Updated building systems
  • Walking distance to 2 CTA stations servicing the Red and Purple Lines
LISTING BROKERS