North Lawndale 4-unit property with an impressive 13.7% cap rate. This property is fully occupied at market rate. In addition to its significant social and historical assets, Lawndale, as the neighborhood is called, has an incredible "built environment" that has been celebrated by a number of architectural and historical advocacy groups. Several charter schools have opened in an effort to enhance the community's educational infrastructure, including the award-winning Power House High School and the Legacy Academy (K-8). North Lawndale's proximity to Chicago's Loop, the University of Illinois at Chicago, the Illinois Medical District, I-290 and other important Chicago institutions make it a highly desirable location for investment, both residential and commercial.
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Listing Courtesy ofTouchstone Group LLC