Need Large Multi Units on North Side of Chicago

[Terry Maher]

We are a large investment firm interested in acquiring multi units (up to 200 units) on the north side of Chicago.  We are interested in the following areas:  Lincoln Park, Wicker Park, Lakeview and the eastern edge of Logan Square/Humboldt Park.  We are only interested in off market properties.  Condition of the properties is not an issue, but once rehabbed we need a MINIMUM of 5% cap rate, preferably above 6%.   We're looking to acquire as many properties as you have to offer as long as they meet our criteria.  You do not necessarily  need to have a contract on the property but we must be able to contact the seller. We will sign the necessary documents to assure you of payment.  Please, no daisy chains.  We are serious buyers with up to $30M available to us and the ability to perform due diligence within a matter of days, if not hours.   Please call Terry at 773-255-1391, reply to this message on BP, or send me an email at [email protected].  Thank you.