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Well maintained building situated in the heart of the vibrant Logan Square, Chicago. A tailored, cosmetic upgrade of existing units that already boast large floorplans as well as the addition of 3 new units (ADUs) will allow a rent roll expansion both with respect to rates as well as quantity of units.

2257 N. Sawyer

Logan square rehab

DATE PURCHASED: DECEMEBER 2024

PURCHASE PRICE: 3.2M

TOTAL PROJECT BUDGET:

UNITS: 19

DEAL LEVEL RETURN : 33% IRR + 2 EQM