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1450 W 112th Pl
Chicago, IL 60643
39-Home, Single-Family Residential Portfolio · Specialty Property For Sale · 48,528 SF

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Investment Highlights

Valuable, 39-home portfolio investment with a diversified unit mix in a concentrated area of Chicago, offering ease of management for a new owner.
Value-add opportunity with current below-market rents, huge projected revenue growth to market, and additional projected rent growth through 2025.
Assumable interest-only financing is available with attractive terms and interest-only payments for the remaining eight years.

Professionally managed and maintained with over $200,000 of capital expenditures invested across the portfolio, reducing costs for a buyer.
Current rents average $1,845/month, while projected market rents are estimated to be $2,063/month.
All homes have quick access to arterial streets and major freeways and conveniently sit within a 20- to 30-minute commute to Downtown Chicago.

Property Facts

Sale Condition	Auction Sale	Lot Size	5.33 AC
Type of Ownership	Fee Simple	Building Size	48,528 SF
Property Type	Specialty	No. Stories	1
Property Subtype	Residential Income	Year Built	1951
Building Class	B	Parcel Numbers	21-31-123-004-0000 21-31-221-037-0000 25-03-202-029-0000 25-09-309-067-0000 25-09-317-035-0000 25-11-103-020-0000 25-20-108-019-0000 25-20-213-002-0000 25-20-309-012-0000 25-22-323-046-0000 25-28-219-013-0000 25-28-226-005-0000 25-33-106-020-0000 28-25-321-017-0000 28-25-321-019-0000 28-26-106-032-0000 28-26-205-017-0000 28-35-408-051-0000 29-02-300-050-0000 29-02-411-001-0000 29-09-206-054-0000 29-11-200-050-0000 29-14-216-012-0000 29-15-207-001-0000 29-15-207-003-0000 29-15-212-008-0000 29-15-404-009-0000 29-22-100-023-0000 29-22-203-009-0000 29-27-206-012-0000 30-08-321-062-0000 30-20-400-036-0000 30-32-204-013-0000 31-03-105-010-0000 31-23-401-028-0000 31-27-317-009-0000 31-27-403-001-0000 32-03-420-027-0000
Zoning	RS-3

Sale Condition	Auction Sale
Type of Ownership	Fee Simple
Property Type	Specialty
Property Subtype	Residential Income
Building Class	B
Lot Size	5.33 AC
Building Size	48,528 SF
No. Stories	1
Year Built	1951
Zoning	RS-3
Parcel Numbers	21-31-123-004-0000 21-31-221-037-0000 25-03-202-029-0000 25-09-309-067-0000 25-09-317-035-0000 25-11-103-020-0000 25-20-108-019-0000 25-20-213-002-0000 25-20-309-012-0000 25-22-323-046-0000 25-28-219-013-0000 25-28-226-005-0000 25-33-106-020-0000 28-25-321-017-0000 28-25-321-019-0000 28-26-106-032-0000 28-26-205-017-0000 28-35-408-051-0000 29-02-300-050-0000 29-02-411-001-0000 29-09-206-054-0000 29-11-200-050-0000 29-14-216-012-0000 29-15-207-001-0000 29-15-207-003-0000 29-15-212-008-0000 29-15-404-009-0000 29-22-100-023-0000 29-22-203-009-0000 29-27-206-012-0000 30-08-321-062-0000 30-20-400-036-0000 30-32-204-013-0000 31-03-105-010-0000 31-23-401-028-0000 31-27-317-009-0000 31-27-403-001-0000 32-03-420-027-0000

Listing ID: 29832043
Date on Market: 10/19/2023
Last Updated:
Address: 1450 W 112th Pl, Chicago, IL 60643

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1450 W 112th Pl Chicago, IL 60643 39-Home, Single-Family Residential Portfolio · Specialty Property For Sale · 48,528 SF

Investment Highlights

Property Facts

Listing ID: 29832043

Date on Market: 10/19/2023

Last Updated:

Address: 1450 W 112th Pl, Chicago, IL 60643

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1450 W 112th Pl
Chicago, IL 60643
39-Home, Single-Family Residential Portfolio · Specialty Property For Sale · 48,528 SF