Chicago, IL 60644•4-Flat•8 Beds•4 Baths•3,600 Sq Ft•Built 1918
Listed exclusively by Ridgeland Asset Solutions
An off-market opportunity sourced directly by our acquisitions team — not published on the MLS.
Brick 4-flat two blocks from the Green Line, three units occupied and one vacant for immediate value-add. Separate utilities, full basement, four parking spaces off the alley. New tuckpointing on the north wall (2025). Rent roll and current leases available on request.
Chicago, IL 60644
Three of four units occupied, rent roll available. New tuckpointing on the north wall last summer.
Listing information is provided by the seller and other third parties and has not been independently verified by Ridgeland Asset Solutions. All information is deemed reliable but is not guaranteed and should be independently verified. Any financial figures shown are Ridgeland’s own estimates prepared from the information available; they are not appraisals and are not a guarantee of value, cost or return. Ridgeland Asset Solutions is an equal housing opportunity company.
Estimates prepared by Ridgeland from the information available. They are not a guarantee of value, cost or return — verify independently before making an offer.
A rare fully-plumbed 4-flat trading below replacement cost. Three units are rented and current; the fourth is vacant and dated, which is where the upside sits — bringing it to market rent lifts gross income roughly 46%. Tuckpointing on the north elevation was done last summer, so the envelope is sound and the rehab budget is interior-only. We rate confidence medium rather than high because the vacant unit has not been scoped by a contractor and the 1918 systems will need verifying.