Strengths

• Existing and active property with 96% occupancy in a highly sought-after area
• Chicago is low priced and is still far from its peak prices
• The Multi-Family industry has been growing for a decade

About the project

Investment in the City of Chicago, acquisition, renovation and improvement of a 144 units Multi-Family residential complex. High current yield potential and current income from rental income. Exit and profit expectancy as a result of improvement and increase in value.

The project in numbers

• Number of residents in the neighborhood: 18,880
• Average age: 35.9
• Family median income per year: 52,432$
• Percentage of property owners: 61%
• Unemployment rate: 4.2%
• Neighborhood Occupancy Percentage: 94.8%