1766 W Granville Ave
Property Description
95 Realty, as exclusive advisor, is pleased to offer for purchase 1766 W. Granville, a 5-unit walk-up apartment building in Chicago's Edgewater neighborhood on the city's Northside. Just one block from the new Peterson/Ridge Metra station, the building features five identical duplex-up 1BR/1Ba units with baseboard heat and wall-mounted AC units, as well as a common area laundry facility and exterior parking spaces. Investors can drive value by making cosmetic improvements to kitchens and bathrooms, and adding laundry to units. There is also mark-to-market potential as-is, with multiple units being rented significantly below market to long-term tenants. This is an opportunity to own a multifamily building in one of Chicago's most sought-after Northside neighborhoods with consistent tenant demand and exceptional rent growth.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $925,000 |
| No. of Units: | 5 |
| Year Built: | 1983 |
| Lot Size: | 0.11 Acres |
| Opportunity Zone: | No |
| Price per unit: | $185,000 |
| Property Website | Click Here |
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