13729 South Brainard Avenue
Multi-Family | 8 Units | 8,000 Sq Ft
Marketing description
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 13729 S Brainard Ave in Chicago, IL (the “Property”). The two-story building contains eight (8) 2-Bedroom/1-Bathroom units with 6,500 square feet of gross living area in 8,000 square feet of gross area. The Property is situated upon a 0.37-acre parcel and features ten (10) off-street parking spaces.
13729 S. Brainard Avenue is strategically located in Chicago’s Hegewisch neighborhood on the city’s far Southeast Side, offering convenient access to major employment centers, transportation infrastructure, and surrounding residential communities. The property benefits from excellent connectivity via nearby Interstate 90 (Chicago Skyway), Interstate 94, and U.S. Route 41, providing efficient access throughout the Chicago metropolitan area, Northwest Indiana, and the broader Midwest region.
Investment highlights
ACCESS & CONNECTIVITY
13729 S Brainard Ave in Chicago offers strong access and connectivity in the Hegewisch neighborhood, with the Hegewisch station located right next to the property and providing immediate commuter rail and bus access.
Additional nearby transit options include CTA bus Route 30, Pace Route 358, and Pace Route 364, along with South Shore Line service at Hegewisch station (just steps from the Property) for regional travel into downtown Chicago and northwest Indiana.
The Property also benefits from excellent highway connectivity, with convenient access to I-90 and I-94 for efficient travel across the South Side and throughout the broader Chicago metro area.
AREA AMENITIES & DEMAND DRIVERS
The area’s strong workforce housing fundamentals are supported by access to major employers including facilities within the Calumet industrial corridor, the nearby Ford Chicago Assembly Plant, one of the largest manufacturing employers in the region, and the extensive logistics and distribution network surrounding the Indiana state line.
Residents also benefit from convenient access to major employment hubs throughout Northwest Indiana, including the steel production facilities operated by Cleveland-Cliffs and U.S. Steel, as well as numerous warehousing, transportation, and distribution employers located along the I-90, I-94, and I-80 corridors.
The surrounding area offers a diverse economic base supported by healthcare, education, government, manufacturing, and transportation sectors, with additional employment opportunities available at nearby institutions such as the University of Chicago Medical Center, Advocate Health Care facilities, and numerous municipal and industrial employers throughout the South Side.
Nearby recreation includes Wolf Lake Memorial Park, William W. Powers State Recreation Area, Calumet Park, and the extensive Lake Michigan shoreline, offering boating, fishing, trails, beaches, and outdoor recreation opportunities.
DESIRABLE BRICK CONSTRUCTION
The Property features durable brick construction, a highly desirable attribute for multifamily housing that provides long-term structural integrity, fire resistance, and reduced maintenance requirements. Brick construction also delivers superior sound attenuation and thermal efficiency, contributing to lower utility costs and enhanced resident comfort while preserving long-term aesthetic appeal.
VALUE-ADD POTENTIAL
In-place rents are currently below market rates; the opportunity exists to continue to upgrade unit interiors and common areas to drive rental rates in an urban-infill, high demand/supply constrained residential market.
UTILITIES
Tenants are responsible for gas-powered heat and separately metered electricity, which they pay directly. The Landlord is responsible for providing gas powered hot water and city water & sewer, which they pay directly.
OFF-STREET PARKING & AMENITIES
The Property features ample parking with ten (10) off-street parking spaces.
STRONG RENTAL DEMOGRAPHICS & DEMAND
More than 8,700 people live within 1 mile of the Property with an average household income of $74,825. Over 71,200 people reside within 3 miles of the Property with an average household income of $71,993.
QUALITY OF LIFE AMENITIES
The area is served by numerous national and quick-service dining options including McDonald’s, Burger King, Taco Bell, Subway, Dunkin’, and Starbucks, while popular local favorites such as Meyering’s Beef, Las Pichanchas Mexican Restaurant, and several long-standing family-owned restaurants throughout Hegewisch and neighboring East Side provide diverse dining choices.
Retail amenities are anchored by several nearby grocery and shopping destinations, including Walmart Supercenter, ALDI, Jewel-Osco, Save A Lot, and Strack & Van Til, providing residents with convenient access to everyday necessities.
National convenience retailers such as Walgreens, CVS Pharmacy, Family Dollar, Dollar Tree, and Speedway are located throughout the immediate area, while larger retail concentrations can be found along Indianapolis Boulevard and Torrence Avenue.
Residents also benefit from proximity to major regional shopping destinations including River Oaks Center, the Hammond retail corridor, and numerous big-box retailers such as Target, Menards, Lowe’s, and Home Depot.
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