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Informations principales sur l'investissement
- 20-unit multifamily portfolio located across Chicago Heights and Sauk Village
- Convenient access to I-394, I-57, and U.S. Route 30 providing connectivity throughout the greater Chicago metropolitan area
- Value-add opportunity at 37-39 W. 14th Place, where many units have not yet undergone the same level or renovation as the remainder of the portfolio
Résumé analytique
37-39 W. 14th Place is a well-located 6-unit multifamily property situated in Chicago Heights, just off Route 30 - Lincoln Highway with convenient access to retail corridors, public transportation, and major south suburban employment centers. The property benefits from its proximity to Prairie State College, Franciscan Health Olympia Fields, and nearby industrial and logistics hubs that continue to support workforce housing demand throughout the area.
The property features a unit mix of (1) two-bedroom / one-bathroom unit and (5) three-bedroom / one-bathroom units, offering larger floor plans that appeal to long-term tenants and families. While the interiors have seen more limited renovations compared to other properties in the portfolio, the asset has maintained stable occupancy and presents investors with future value-add potential through continued unit upgrades. Recent capital improvements include a newer boiler and extensive tuckpointing work, helping support the long-term physical integrity of the property. Ownership currently provides heat, while tenants are responsible for electric.
The asset offers investors an opportunity to acquire a stable workforce housing property in a strong south suburban location with operational upside over time.
The property features a unit mix of (1) two-bedroom / one-bathroom unit and (5) three-bedroom / one-bathroom units, offering larger floor plans that appeal to long-term tenants and families. While the interiors have seen more limited renovations compared to other properties in the portfolio, the asset has maintained stable occupancy and presents investors with future value-add potential through continued unit upgrades. Recent capital improvements include a newer boiler and extensive tuckpointing work, helping support the long-term physical integrity of the property. Ownership currently provides heat, while tenants are responsible for electric.
The asset offers investors an opportunity to acquire a stable workforce housing property in a strong south suburban location with operational upside over time.
Informations sur l’immeuble
| Prix | 483 395 € | Surface du lot | 0,06 ha |
| Prix par lot | 80 566 € | Surface de l’immeuble | 730 m² |
| Type de vente | Investissement | Occupation moyenne | 100% |
| Nb de lots | 6 | Nb d’étages | 3 |
| Type de bien | Immeuble residentiel | Année de construction | 1923 |
| Sous-type de bien | Appartement | Ratio de stationnement | 0,09/1 000 m² |
| Classe d’immeuble | B | ||
| Zonage | R | ||
| Prix | 483 395 € |
| Prix par lot | 80 566 € |
| Type de vente | Investissement |
| Nb de lots | 6 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Classe d’immeuble | B |
| Surface du lot | 0,06 ha |
| Surface de l’immeuble | 730 m² |
| Occupation moyenne | 100% |
| Nb d’étages | 3 |
| Année de construction | 1923 |
| Ratio de stationnement | 0,09/1 000 m² |
| Zonage | R |
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Moyennement praticable à pied
60/100
Moyennement adapté aux voitures
60/100
Transports en commun limités
30/100
Plutôt praticable en vélo
50/100
Taxes foncières
| Numéro de parcelle | 32-20-400-037-0000 | Évaluation des aménagements | 22 218 € |
| Évaluation du terrain | 2 101 € | Évaluation totale | 24 319 € |
Taxes foncières
Numéro de parcelle
32-20-400-037-0000
Évaluation du terrain
2 101 €
Évaluation des aménagements
22 218 €
Évaluation totale
24 319 €
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37 W 14th Pl
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