4936 Greenwood Street
Property Description
The Only 6-Unit Multifamily Asset Currently Available in Skokie offering investors a rare opportunity to acquire a well-positioned building in a highly desirable submarket. Unique Unit Mix Featuring 14 Total Bedrooms, allowing for stronger rental income potential compared to typical multifamily properties in the area. Highly Desirable Corner Location providing abundant natural light throughout all units and enhancing tenant appeal. Exceptionally Well-Maintained Property, with mostly updated units and clean, professionally maintained common areas that minimize near-term capital expenditures. Excellent Value-Add Opportunity, with rents positioned below market and a clear path to increase income based on current market conditions and comparable in-house leasing data. Strong Upside Potential through strategic rent growth while benefiting from the property's attractive unit configuration and sought-after Skokie location.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,599,000 |
| No. of Units: | 6 |
| Year Built: | 1955 |
| Opportunity Zone: | No |
| Price per unit: | $266,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 14 |
| Number of Bathrooms: | 6 |
ID: 3yd-MREDIL-12712657
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