319-25 E. 79th Street, 7431-47 S. King Drive, 7908 S. Prairie Avenue & 8249-59 S. Evans Avenue
- Four-Building Portfolio: Includes 8249-8259 S. Evans Avenue, 7908 S. Prairie Avenue, 319-325 E. 79th Street, and 7431-7437 S. King Drive
- Diverse Unit Mix: Combination of 97 residential apartments and 17 retail spaces
- Value-Add Opportunity: Potential to enhance returns through unit renovations, lease-up and operational efficiencies across the portfolio
Property Description
The Greater Chatham Portfolio consists of four (4) mixed-use and multi-family assets totaling 97 residential and 17 retail units across 81,168 square feet in Chicago’s Chatham and Greater Grand Crossing neighborhoods. The portfolio includes 8249-59 S. Evans Avenue, 7908 S. Prairie Avenue, 319-25 E. 79th Street, and 7431-37 S. King Drive featuring 32 studio units, 62 1 bed units, and 3 2 bed units. Collectively, the portfolio offers upside through additional lease-up and operational efficiencies. The Properties feature a diverse mix of ground-floor retail storefronts and upper-level apartment units positioned along established South Side commercial corridors. The portfolio benefits from strong neighborhood visibility, a dense surrounding population base, and proximity to major arterials including 79th Street, Cottage Grove Avenue, and the Dan Ryan Expressway—making it a compelling value-add opportunity within a strengthening South Side rental market.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| No. of Units: | 97 |
| Opportunity Zone: | No |
| Property Website | Click Here |
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