Greater Chatham Portfolio

The Greater Chatham Portfolio is strategically positioned across the Chatham and Greater Grand Crossing neighborhoods on Chicago’s South Side, with properties located along 79th Street, South Evans Avenue, South Prairie Avenue, and South King Drive. Together, these sites offer excellent visibility and accessibility within a densely populated residential corridor featuring a population exceeding 36,000 residents and an average household income of approximately $53,000 within one (1) mile. Each property benefits from convenient proximity to major transportation routes, situated less than a half mile east of Interstate-94 (I-94) and approximately 1.5 miles west of Interstate-90 (I-90), as well as close access to the Avalon Park and Grand Crossing Metra Stations. The portfolio is surrounded by numerous national and local retailers including Aldi, Jewel-Osco, Walgreens, Home Depot, Lowe’s, Nike, McDonald’s, Chipotle, Family Dollar, and Dunkin’, among others, providing strong neighborhood amenities and demand drivers. The Chatham and Greater Grand Crossing submarkets are experiencing renewed investment activity and sustained rental demand, supported by the area’s affordability, strong transit infrastructure, and steady population density. These established South Side neighborhoods continue to attract both local and regional investors seeking value-add multifamily and mixed-use opportunities with strong cash-flow potential. Ongoing public and private investment initiatives, including corridor beautification projects and retail revitalization along 79th Street and Cottage Grove Avenue, have further strengthened the market’s appeal. With close access to major employment centers, schools, and retail corridors, this portfolio is well positioned to benefit from the continued economic stabilization and growth of Chicago’s South Side rental market.The Greater Chatham Portfolio consists of four (4) mixed-use and multi-family assets totaling 97 residential and 17 retail units across 81,168 square feet in Chicago’s Chatham and Greater Grand Crossing neighborhoods. The portfolio includes 8249-59 S. Evans Avenue, 7908 S. Prairie Avenue, 319-25 E. 79th Street, and 7431-37 S. King Drive featuring 32 studio units, 62 1 bed units, and 3 2 bed units. Collectively, the portfolio offers upside through additional lease-up and operational efficiencies. The Properties feature a diverse mix of ground-floor retail storefronts and upper-level apartment units positioned along established South Side commercial corridors. The portfolio benefits from strong neighborhood visibility, a dense surrounding population base, and proximity to major arterials including 79th Street, Cottage Grove Avenue, and the Dan Ryan Expressway—making it a compelling value-add opportunity within a strengthening South Side rental market.