South & West Side Portfolio - 157 units 21 Multifamily Properties in Chicago, IL

We are pleased to present an outstanding opportunity to acquire a twenty-one-property multifamily and mixed-use portfolio strategically located across the South and West sides of Chicago. This portfolio includes a total of 150 residential units and 7 ground-floor commercial storefronts, offering a diverse mix of one-, two-, three-, and four-bedroom apartment layouts.
The tenant base is split between Section 8/subsidized housing and market-rate residents, providing both income stability through government-backed rental programs and the flexibility for future rent growth. The properties have been consistently well-maintained, with many units benefiting from recent upgrades and ongoing preventative maintenance under current ownership.
Collectively, the portfolio comprises approximately 132,000 square feet of rentable space. The distribution of properties across key neighborhoods ensures operational efficiency and income diversification, while the solid tenant mix supports consistent cash flow and long-term value.
This offering includes an assumable Fannie Mae loan maturing in 2032, with highly favorable terms: a 3.30% fixed interest rate, interest-only payments for the first five years, and a 30-year amortization schedule. This financing structure presents a significant advantage for investors seeking immediate cash flow and long-term debt stability.
Overall, this is a rare opportunity to acquire a stabilized, income-producing portfolio with scale, strong in-place operations, and upside potential in one of Chicago’s most resilient rental markets.
The South and West sides of Chicago are experiencing a resurgence in investor interest, driven by ongoing public and private investment, improved infrastructure, and long-term affordability compared to the city core. Neighborhoods such as, Chatam, North Lawndale, South Shore, Englewood and Auburn Gresham are seeing strong rental demand and stable tenant bases, particularly in workforce and subsidized housing sectors.
This portfolio is well-positioned to capitalize on long-term neighborhood growth trends, while offering immediate returns through stabilized operations and in-place financing. The balance of subsidized and market-rate tenants ensures resilience during economic downturns, while still allowing upside as neighborhoods continue to gentrify and rent levels trend upward.