Triton Realty Group is proud to have successfully sold 3572-74 W. Cortland, a 9 unit multi-family building in Logan Square. Senior Advisor, Alexander Summers, procured 20+ tours and 8 offers for his repeat seller client.
The building features an excellent unit mix of (7) 2-bed / 1-bath apartments, (1) 3-bed / 2-bath apartment, and (1) 1-bed / 1-bath garden apartment. All units were fully renovated with updated kitchens and bathrooms complete with granite counter-tops and stainless steel appliances. In addition to its cosmetic finishes, the building received numerous capital improvements including: separate furnaces, updated electric, plumbing, and a new roof, and updated electric & plumbing.
The buyer was motivated to acquire a professionally managed stabilized investment offering great in-place cash flow and future upside. 3572-74 W. Cortland showcases the continued demand to acquire renovated assets with great in-place cash flow in the Logan Square neighborhood. Congrats to all involved on this transaction!
📈 Deal Highlights:
✔ Phenomenal Logan Square location
✔ Renovated asset with updated electric, plumbing, windows, room and individual furnaces.
✔ Excellent unit mix with one, two & three bedroom apartments and six rear surface spaces.
For additional information on this transaction or to find other available investment opportunities contact:
Alex Summers
📞 (773) 733-1153
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