Chicago - United States of America
A fantastic investment opportunity, this property is comprised of a Townhouse, originally constructed in 1965. The property offers a spacious living area of 111.5 square meters and has 3 bedrooms, 2 bathrooms, a kitchen and a living room. Moreover, the property is located close to parks and shops.
Neighbourhood: South Side - Chatam
Chatham is located 10 miles south of the Loop. Chatham is a South Side neighbourhood and is one of the most historically significant areas of the city. This area has defined the city's culture and character and has incorporated people from all over the world creating an international culture. Chatham is one of the most family-friendly neighbourhoods in the South Side area. Over the next three years, property appreciation is expected to remain strong, aligning with broader trends in the Chicago metro area.
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.
Rent Ready
This property has undergone a detailed inspection and some repairs have been identified. There is currently a tenant in place and the repairs will be performed when the tenant vacates the property.
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.
