446 N Aberdeen and 448 N Aberdeen offered a rare opportunity to purchase two adjacent 3-flats in River West. Nate sold these buildings right before the end of the year for $2.2M.
Unbeatable location less than a block from the new Fulton Labs – a 425,000 SF new construction life sciences project at 400 N Aberdeen. Located a block from Fulton Market and a couple blocks from the proposed new Metra Station, this opportunity offered a cash flowing asset in the continued path of development in one of the hottest markets in the US.
446 N Aberdeen consisted of (3) 2BR/1BA units fully updated in 2015 with new kitchens/baths, in-unit laundry, central a/c, dishwashers/appliances, electric, roof and tuckpointing. Garage parking in back and unfinished basement that offers a value-add component.
448 N Aberdeen consisted of (3) 2BR/1BA units gut rehabbed in 1996 and updated in 2010 with kitchens/bath updates, central a/c, dishwashers/appliances and new tuckpointing.
Please reach out to Nate for additional opportunities or more details on this transaction.