Chicago - United States of America
A fantastic investment opportunity, this property is comprised of a single-family home, originally constructed in 1918. The property has 6 bedrooms, 1 bathroom, a kitchen and a living room.
South Shore
South Shore district is Michelle (Robinson) Obama’s childhood neighborhood and the rental demand is underpinned by professional tenants from the Jackson Medical Center and the University of Chicago. The area is undergoing significant gentrification due to the proximity of the Jackson Park Yacht Club, the Obama Presidential Center and the Tiger Woods Jackson Park project.
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.
Good Condition
This property has undergone a detailed inspection and only minor decorative repairs are required in order to achieve the target rent and maximise the returns.
Tenant in place
The property is already occupied with a new long-term lease. This will allow investors to receive immediate returns once the property is fully funded.
Investing carries risks, including loss of capital and illiquidity. Please read our Risk Warning before investing.
