12 Units | The Island | Rarely Available

Investment Overview

Kiser Group is pleased to exclusively offer for purchase the sale of 1054 S, Mason, a twelve (12) unit walkup located in Chicago’s West Side's most desirable pocket, "The Island". The property sits just a few blocks from Chicago's Blue Line "El" train station at Austin as well as Columbus Park, which features ball fields, a theater, a pool & golf course. 1054 S, Mason has a total unit composition of six (6) studios, four (4) 1Bd/1Ba, & two (2) 2Bd/1Ba units. Furthermore, the building boasts newer windows, individual furnaces, individual hot water heaters & storage tanks, new porches, copper plumbing, updated electric, and an abundance of masonry and tuckpointing work. 1054 S, Mason provides an investor with a unique opportunity to acquire a well maintained and stabilized asset in Chicago’s desirable pocket of The Island. From day one, a new owner will capitalize on an incredibly strong tenant base and through improved leasing, management, and raising rents to levels already being achieved in the area, an investor has the opportunity to achieve a cap rate of almost 10%.

Investment Highlights

• Two (2) 2Bd/1Ba, Four (4) 1Bd/1Ba, & Six (6) Studios
• Individual Furnaces & Hot Water Tanks
• New Porches, Copper Plumbing, & Updated Electric
• Meticulously Maintained w/ Modern Kitchen & Baths