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Multifamily

Bridgeport & McKinley Park Portfolio

3800 S Wallace St, Chicago, IL 60609

Listing Price: $2,325,000

Cap Rate
6.04%
Number of Units
18
Price/Unit
$129,167
Price/Gross SF
$159.25
Gross SF
14,600

Investment Overview

Marcus & Millichap is pleased to present the Patterson Portfolio, located in the Bridgeport and McKinley Park neighborhoods of Chicago, Illinois. Consisting of three buildings totalling 18 units; 3632 South Parnell Avenue consists of two One-Bed/One-Bath and two Three-Bed/One-Bath. 3800 South Wallace Street consists of eight Two-Bed/One-Bath. Units have been renovated as turned over. 1757 West 38th Street consists of one One-Bed/One-Bath, three Two-Bed/One-Bath and two Three-Bed/One-Bath . This building is fully renovated and features a duplex unit up into the attic. Many of the portfolio’s units have been upgraded with stainless steel or newer appliances, hardwood floors, granite countertops, and new bathroom vanities. Bridgeport and McKinley Park are being reinvented as happening, trendy entertainment and arts destinations. Home of the White Sox, Chicagoans are drawn to the area for a vast variety of activities including boutique shops, art gallery openings and man-made parks and catwalks that connect the neighborhood. The area has an abundance of eateries including bakeries, independent coffee companies, breweries and farm-to-table restaurants.

Investment Highlights

  • Excellent Multifamily Portfolio Opportunity in Bridgeport
  • Three Buildings, 18 Units
  • Renovated Units
  • Excellent Location Near Retailers and Numerous Modes of Public Transportation

Exclusively Listed By

Multifamily

Bridgeport & McKinley Park Portfolio

Listing Price: $2,325,000

Cap Rate
6.04%
Number of Units
18
Price/Unit
$129,167
Price/Gross SF
$159.25
Gross SF
14,600

Investment Highlights

  • Excellent Multifamily Portfolio Opportunity in Bridgeport
  • Three Buildings, 18 Units
  • Renovated Units
  • Excellent Location Near Retailers and Numerous Modes of Public Transportation

Investment Overview

Marcus & Millichap is pleased to present the Patterson Portfolio, located in the Bridgeport and McKinley Park neighborhoods of Chicago, Illinois. Consisting of three buildings totalling 18 units; 3632 South Parnell Avenue consists of two One-Bed/One-Bath and two Three-Bed/One-Bath. 3800 South Wallace Street consists of eight Two-Bed/One-Bath. Units have been renovated as turned over. 1757 West 38th Street consists of one One-Bed/One-Bath, three Two-Bed/One-Bath and two Three-Bed/One-Bath . This building is fully renovated and features a duplex unit up into the attic. Many of the portfolio’s units have been upgraded with stainless steel or newer appliances, hardwood floors, granite countertops, and new bathroom vanities. Bridgeport and McKinley Park are being reinvented as happening, trendy entertainment and arts destinations. Home of the White Sox, Chicagoans are drawn to the area for a vast variety of activities including boutique shops, art gallery openings and man-made parks and catwalks that connect the neighborhood. The area has an abundance of eateries including bakeries, independent coffee companies, breweries and farm-to-table restaurants.

Exclusively Listed By

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