Chicago - United States of America
A fantastic investment opportunity, this property is comprised of a multi-family home, originally constructed in 1985 and consist of two units offering a total living area of 129.32 sq. meter. Both of the units have 2 bedrooms, 1 bathroom, living room, dining room and a nice backyard. The property has been recently refurbished and is close to public transportation, schools and shops.
Strong Market Fundamentals
Our experienced and professional real estate team review each and every Bricksave deal utilising our AI driven, Algorithmic real estate sourcing program.
Excellent Condition
This property has undergone a detailed property inspection and has been recently refurbished. This, added to a built-in reserve for pre-sale renovations position the property for capital gains on exit of the investment.
Strong Tenancy - 2 units
Currently there is a tenant in one of the units. The second unit is vacant and it is expected the new tenant will provide a new long-term lease agreement.
Neighbourhood`: West Pullman
West Pullman is located 14 miles south of the Loop and is one of the most historic neighbourhoods of Chicago. In the last decades, has transformed from an industrial labour place to an unexpectedly high incidence of parkland and other outdoor recreation sites attracting families. In this neighbourhood, it is located one of the famous house of the recognized architect Frank Lloyd Wright's, incorporating geometric forms and elements of Japanese patterns in the surrounding landscape.
Chicago
Voted by Conde Nast as the best city in the US for the ninth year in a row, Chicago, with its vast green spaces and world-renowned architecture, is now taking the culinary world by storm with multiple world class restaurants as diverse as the city itself. Centrally located in the US, its airport hub at Midway is fueling the cities renaissance and growth.
Chicago is the third-largest city in the U.S., right behind New York and Los Angeles, a major world financial center and home to the second-largest central business district in the U.S. Key industry sectors in Chicago include business and professional services, food industry, transportation, and logistics, life sciences and healthcare, technology, and manufacturing. Much of the Housing Stock in Chicago was built prior to World War II, making it one of the older and more historic cities in the country. The architecture of Chicago has influenced the history of American architecture and Chicago’s buildings in a variety of styles by many important architects. The Median Home value is expected to increase by 4.36% by the end of this year. The rent increased by 6.8% over the last year, following an increase of 13.4% in 2 years. Inventory of properties for sale was reduced by 18.5% over the last 12 months.
Strong Market Fundamentals
Our experienced and professional real estate team review each and every Bricksave deal utilising our AI driven, Algorithmic real estate sourcing programme.
Excellent Condition
This property has undergone a detailed inspection and has recently been refurbished. This, in addition to a built-in reserve for pre-sale renovations, positions the property for capital gains on exit of the investment.
Strong Tenancy - 2 units
Currently there is a tenant in one of the units. The second unit is vacant and it is expected the new tenant will provide a new long-term lease agreement.
View the latest real estate investment opportunities from around the world.
Login or register to view full portfolio of properties available
Investing carries risks, including loss of capital and illiquidity. Please read our Risk Warning before investing.
