Kiser Group is pleased to exclusively offer for purchase the sale of 8618 S. Ingleside, a beautifully updated, center entranced six (6) unit building located in the historic Chatham neighborhood of Chicago’s South Side. The building sits in a quiet, heavily residential pocket just blocks away from Avalon Park. Additionally, the building is situated just around the corner from the 87th St./Woodruff Metra stop and nearby to the Dan Ryan Expressway allowing residents easy access to downtown Chicago.

8618 S. Ingleside is comprised of three (3) 2Bd/1Ba and three (3) 1Bd/1Ba units, all of which feature spacious floorplans, hardwood floors throughout, and separate living and dining rooms. Recent improvements to the building include, but are not limited to, updated kitchens and baths, individual furnaces (2021), and an updated & code compliant porch.

8618 S. Ingleside presents an investor with the unique opportunity to acquire a stabilized, cash flowing asset. From day one, an investor will realize a cap rate over 10% and a cash return of nearly 24%. Furthermore, by increasing rents to levels already being achieved in the building and surrounding area, an investor has the ability to achieve a cap rate over 11% and cash return over 28%.