Essex Realty Group has been engaged to market the sale of 7908 S. Ingleside Avenue, a 34-unit courtyard building located along the retail corridor of 79th street between Chicago’s Chatham and Greater Grand Crossing neighborhoods on the South Side. Brian Mond, Director at Essex Realty Group is leading this sale effort for a second time.
The property includes 14 one-bedroom/one-bathroom units, 18 two-bedroom/one bathroom units and 2 two bedroom/two bathroom units with potential value add opportunities due to current rents being below market rate which can be increased by making light updates in kitchens and bathrooms throughout the building. Mond commented that “This is an excellent investment opportunity with minimal work needed in an ideal pocket of Chatham; The Metra Electric station is just down the block as well as easy access to expressways”
