1766 W Granville Ave, Chicago, IL for sale

Investment Overview

95 Realty, as exclusive advisor, is pleased to offer for purchase 1766 W. Granville, a 5-unit walk-up apartment building in Chicago's Edgewater neighborhood on the city's Northside. Just one block from the new Peterson/Ridge Metra station, the building features five identical duplex-up 1BR/1Ba units with baseboard heat and wall-mounted AC units, as well as a common area laundry facility and exterior parking spaces. Investors can drive value by making cosmetic improvements to kitchens and bathrooms, and adding laundry to units. There is also mark-to-market potential as-is, with multiple units being rented significantly below market to long-term tenants. This is an opportunity to own a multifamily building in one of Chicago's most sought-after Northside neighborhoods with consistent tenant demand and exceptional rent growth.