1852 W. Wabansia Ave.

Investment Overview

The property consists of six units, with no two units being the same unit type, creating a uniquely diversified rental profile. Unlike properties concentrated in a single or limited number of unit types, the offering provides exposure across a broad range of renter profiles and housing preferences, reducing reliance on any one segment of the rental market. This level of diversification is rarely found in a six-unit property. The units have been well maintained and offer a compelling opportunity to increase cash flow through a straightforward mark-to-market strategy. Current rents are estimated to be approximately 11% below market in their as-is condition, with average monthly rent projected to increase from $2,510 to $2,792, representing approximately $20,256 of additional annual income. The opportunity to acquire a well-maintained asset with a diversified unit mix, significant rental upside, and a prime Bucktown location presents an attractive combination of current cash flow, near-term income growth, and long-term appreciation potential.