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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