Listed by Colliers - Chicago Downtown, Illinois
Unpriced
3-Story, 20-Unit Apartment Complex
Located just south of Downtown Chicago offering multiple paths for value-add
Marketing description
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Colliers is pleased to present 8250 S Racine Ave, a 20-unit multifamily property just south of Downtown Chicago. The masonry-constructed, three-story property is comprised of one- and two-bedroom units and five retail shops with great visibility.
Non-Contingent
Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
Marketing Fee: 3% of the Winning Bid Amount, $20,000 minimum
$10,000 Participation Deposit
8250 S Racine Ave, Chicago, IL 60620
Investment highlights
- Significant Value-Add Opportunity Minutes from Downtown Chicago
- High Visibility corner with over 14,000 daily vehicles
- Close proximity to major transit hubs and the Dan Ryan Expressway
- Opportunity to increase income by leasing vacant retail spaces
- Operational and repositioning upside
- Subject To Seller Approval
Listing Contacts
Listed by Colliers - Chicago Downtown, Illinois
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