20 Unit Mixed-Use Property, USA, Chicago IL, RealT
Property Type : Mixed Use
Price per Token : $50.83
Return Cash (exp) ? : 8.50%
Minimum Investment : 1 Token
Total Property Size : 20 Units
Total Property Value ? : $1,143,675.00
Total Number of Tokens : 22,500

Welcome to your new Chicago property!

This classic mixed-use property is excellent for diversifying your real estate portfolio in two ways: it moves you outside of Detroit, and it houses 2 different types of tenants in its 16 residential units and 4 stores. E 79th is in a nice neighborhood with many shops next door and the Grand Crossing Park just a few blocks away.

This 1924-built property is located near 738-742 E 87th Pl and 7337 S Yale Ave, which will allow us to start enjoying economies of scale with our Chicago property management!

Finally, the property was stabilized and renovated about 2 years ago by the current owner when he bought it. However, he was unable to complete the renovation of all units, as some were rented with old leases. That’s why we’ve budgeted $25,000 in renovations to finish the remaining units, which should make for a comfortable upside in the coming months.

 

Disclaimer: Information Sourced from External Platforms

The information provided on this page is sourced from the respective Real Estate Token platforms homepage. We make every effort to ensure the accuracy and reliability of the information presented, but we cannot guarantee its completeness or timeliness. This website contains data, images, and descriptions that are subject to copyright and intellectual property rights of third parties. We do not claim ownership of the information displayed and acknowledge the rightful ownership of the respective content by the original sources. If you are a rights holder and believe that your content has been used inappropriately, please contact us immediately for resolution. We are committed to addressing any concerns and ensuring compliance with copyright laws. Please note that the availability, prices, and details of properties may change, and it is advisable to verify the information independently before making any decisions based on the content provided on this platform.

Features
Related Listings