Located on the West and South side of the city, is the 9% Cap Rate, 54 unit, Fully Occupied portfolio. Development and Cash Flow have been synonymous with the Austin and Woodlawn Communities of Chicago. The previous development cycle made the West Loop and South Shore the premier neighborhood for office space, apartments and dining. With the West Loop and South Shore as a catalyst, developments have spilled over and continued West and South.

The Woodlawn and Austin communities have undergone recent property appreciation and continued neighborhood and economic development. There are notable, large scale developments in the works throughout the south and west side neighborhoods. The Ogden Commons, located at2652 W. Ogden Avenue, will be a $200 million development that comprises 120,000 square feet of commercial and retail space and more than 350 mixed-income housing units. Notable Chicago-based firms including The Habitat Company, James McHugh Construction Co. and Bowa Construction are involved in the development. Also, the Invest South-West Initiative has produced multiple development proposals for Roosevelt and Kostner that nearly average a total investment of $45 million. Currently, there are 3 remaining bids for the Roosevelt and Kostner development. Another development is 2908 W. Roosevelt – a $13 million development spearheaded by A Safe Haven that will provide 90 single room occupancy (SRO) units to Veterans. Construction is estimated to be complete in October 2021.

This portfolio is perfect for the savvy investor. The Portfolio consist of 3 buildings. Each property has a robust cash flow and are perfect for quick value-add renovations. The modern investor is equipped with a stable Net Operating Income, partial subsidized income, and a 9% cap rate. The 54 unit portfolio offers continuous growth and the room to make minor renovations that will exponentially increase value during this development cycle.