For Auction
Asset Snapshot
Offering Summary
RealINSIGHT Marketplace, in partnership with Frontline Real Estate Partners, is pleased to present the Greater Chatham Portfolio, a four-building, 114-unit mixed-use and multifamily portfolio offered through receivership sale in Chicago's Chatham and Greater Grand Crossing neighborhoods. The portfolio comprises 319-25 E 79th Street, 7431-47 S King Drive, 7908 S Prairie Avenue, and 8249-59 S Evans Avenue, totaling 81,168 SF across 1.32 acres with 97 residential units and 17 ground-floor retail storefronts. The residential unit mix includes 32 studios, 62 one-bedroom units, and three two-bedroom units, built between 1924 and 1928. Currently 25.77% occupied on the residential side, the portfolio presents significant value-add upside through unit renovations, lease-up, and operational efficiencies across all four assets. Positioned along established South Side commercial corridors near 79th Street, Cottage Grove Avenue, and the Dan Ryan Expressway, the properties benefit from strong neighborhood visibility and a dense surrounding population base exceeding 36,000 residents within one mile. Ongoing public and private investment along 79th Street and Cottage Grove Avenue continues to strengthen the submarket's appeal for value-add multifamily and mixed-use capital.
Due Diligence
Transaction Managers
Cooperating Broker Fee
Eligible brokers may receive a 1% fee when representing the winning bidder.
Learn more in the FAQsPlatform Fee
Buyer pays a minimum platform fee of 5% or $25,000 at closing.
How it Works
Learn about bidding, reserve prices, and closing.
Read the auction guideAuctioneer
Need Help?
Your transaction managers are your first point of contact for any auction or process questions. For additional support:
Investment Sales Brokers
Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
