101615 Dynamic Tri-plex BFR Chicago, IL 60653

This Dynamic Bronzeville scattered tri-plex portfolio is exceptionally well positioned for investors to take advantage of a thriving market amidst massive investment and revitalization in the public and private sectors. Bronzeville is already on sturdy ground, with historical data over the last five years showing significant growth, and has been a great place to invest in recently, drawing from the direct exposure of the city’s revitalization efforts in Bronzeville. 



These efforts have created the perfect marriage between purpose & profit, exemplifying how the neighborhood has become the city’s hottest new-home market. Its 5-year streak of new home sales, according to Crains in Jan 2022, is unmatched in other parts of the town, not strictly in numbers, but in the way it’s transforming a neighborhood and still offering affordability compared to the upper north side markets. In July of 2023, Bronzeville set a new economic development record of $10B, adding more than 55,000 jobs today and 10% growth according to the U.S. Census, with an affluent middle-class demographic of college-educated people.  

This dynamic investment home portfolio can be purchased in bulk with a forward Purchase & Sales Agreement (PSA) or can be cherry-picked in smaller packages, offering investor flexibility pending capital deployment and financing needs. 



Every building includes 3 stacked condominium units; all are 3 bedrooms 2 bath, 1350/sf homes, each with a detached 1 car garage. Homes are finished with high-end condo specifications and have nearby access to the University of Chicago, Illinois Institute of Technology (IT), the Green Line, and Chicago’s beautiful lakefront. 



This dynamic scattered home investment opportunity boosts significant returns on new construction stacked tri-plex homes, offering multiple exit strategies at disposition, as all 81 homes can be sold separately, or each building, 27 in total, can be sold individually on the income method post stabilization. Rents at stabilization are projected to achieve $2,650 per month conservatively, and rents in Chicago are anticipated to grow 14.5% between now and 2027, according to John Burns Real Estate Consulting, with home price appreciation during the same period of 11.8%.  



With annual Year 1 Gross Rents of $2,653,074 and optimized expenses, a seasoned investor should be at or above 6.5% at stabilization and a year 3 IRR of 36.36%, assuming a 5% cap disposition. Variable exit strategies offer investors a unique, risk-mitigated hedge on the market pending where real estate values and incomes are in 3-5 years. Each building can be sold individually or in bulk to income investors, or a buyer can cash flow for several years while riding home value appreciation and may opt to vacant units and sell individual condos to retail buyers if they so choose. 

Location Description
Bronzeville, located on Chicago’s South Side, holds a significant place in African American history and culture. Once known as the “Black Metropolis,” it was a thriving center of African American life and culture during the Great Migration. Today, Bronzeville continues to be a vibrant and evolving community with a rich heritage and promising future. Bronzeville’s economy has seen fluctuations over the years, but recent efforts have focused on revitalization and economic development. The neighborhood has seen investments in local businesses, community organizations, and infrastructure projects. The Bronzeville Community Development Partnership and other initiatives aim to promote economic growth, create jobs, and attract new businesses to the area. The town has undergone significant redevelopment efforts in recent years, aimed at preserving its historic character while fostering growth and investment. The city has invested in affordable housing initiatives, mixed-use developments, and streetscape improvements. The Bronzeville Lakefront, a proposed development project, seeks to enhance the neighborhood’s lakefront access and create new recreational and commercial opportunities. Bronzeville is home to several educational institutions that play a vital role in the community. The neighborhood is served by Chicago Public Schools, with a mix of traditional public schools, charter schools, and magnet programs. Notable institutions include the Walter H. Dyett High School for the Arts and the Bronzeville Classical Elementary School. Additionally, the Illinois Institute of Technology’s campus is located nearby, offering higher education opportunities for residents. The rich cultural heritage and historic landmarks make it a compelling destination for tourists and visitors. The neighborhood boasts numerous sites of historical significance, including the Victory Monument and the DuSable Museum of African American History. Visitors can explore Bronzeville’s vibrant arts scene through galleries, theaters, and music venues that showcase the talents of local artists and performers. The neighborhood also hosts events such as the Bronzeville Art District Trolley Tour and the Bronzeville Summer Nights series, which celebrate the community’s culture and creativity. In conclusion, Bronzeville is a neighborhood with a storied past and a promising future. Its economic revitalization efforts, ongoing city development projects, and educational opportunities contribute to its resilience and growth. As a cultural destination with a wealth of historic landmarks and artistic offerings, Bronzeville continues to attract visitors and residents alike who appreciate its rich heritage and vibrant community spirit.