On January 14, 2022, Chi Equities entered under contract for a new property in East Humboldt Park. The information on the deal is as follows:

Number of Units: 7

Number of Floors: 4

Unit Composition: 2BR/1BA

Expected ROI: Under 5 years

How we found it: Work around the areas you know! This property is just around the corner of another property owned by Louie Santiago.

What we like about it: This building is fully-occupied, meaning it is immediately cash-flow positive. We are also expecting the appraisal value to be much higher than the purchase price. In addition, the units are very well appointed and updated, making this a great place to rent.

Interested in joining us in future deals? Invest With Us

Categories: New Deal