Highlights
Turnkey (QOZ) Qualified Opportunity Zone Project
Plans and Permits
16 Loft Apartments and 20,000sf of fully leased retail.
Pilsen/Little Village Corridor. Tremendous Upside.
Description
Best Opportunity Zone Project in the City! This is a turnkey project in Chicago's Super Hot Pilsen/Little Village corridor.
Property consists of 16 loft apartments and 20,000sf of retail, currently leased to a local furniture chain.
Project cash flows day 1! Apartment permits have been issued and construction can start immediately. Seller will sell project as/is or complete for the purchaser. Retail tenant is also temporarily leasing 2nd and 3rd floor unit until construction starts, thus providing extra cash flow of $7,000 per month. Only 2 blocks from CTA Pink Line train, 50 feet from both Cermak & California bus stops, near I290 & I55 expressways and just a couple miles from Chicago's downtown.
Location
Located in Chicago's Pilsen/Little Village neighborhood. Voted top 10 coolest neighborhood in the world!
Only 2 blocks from CTA Pink Line train, 50 feet from both Cermak & California bus stops, near I290 & I55 expressways and just a couple miles from Chicago's downtown.
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