1041 East 93rd Street

Chicago - United States of America

Properties > 1041 East 93rd Street
4 years

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A fantastic investment opportunity, this property is comprised of a townhouse. The property has 3 bedrooms, 2 bathrooms, a kitchen, a living room and a dining room. 

About the area

Neighbourhood: Burnside

Burnside is located 11 miles south of downtown Chicago. This is a residential area that primarily offers single-family homes and fewer multi-units and provides families with numerous amenities. Appreciation rates have been vital in this area with property prices appreciating by 6.83% over the last year and a total appreciation forecast over the next 3 years of 17.34%.


Voted by Conde Nast as the best city in the US for the fourth year in a row, Chicago, with its vast green spaces and world-renowned architecture, is now taking the culinary world by storm with multiple world-class restaurants as diverse as the city itself. Centrally located in the US, its airport hub at Midway is fueling the city's renaissance and growth.

Chicago is the third-largest city in the U.S., right behind New York and Los Angeles, a major world financial center and home to the second-largest central business district in the U.S. Key industry sectors in Chicago include business and professional services, food industry, transportation and logistics, life sciences and healthcare, technology, and manufacturing. Much of the Housing Stock in Chicago was built prior to World War II, making it one of the older and more historic cities in the country. The architecture of Chicago has influenced the history of American architecture and Chicago’s buildings in a variety of styles by many important architects. Median property values in Chicago increased by 8.4% over the last 12 until September 2022. The rent increased by 8.6% over the same period, following an increase of 10.8% in 2021. Inventory of properties for sale was reduced by 19.5% over the last 12 months until September 2022. 

Selling points

Strong Market Fundamentals

Our experienced and professional real estate team review each and every Bricksave deal utilising our AI driven, Algorithmic real estate sourcing programme.

Excellent Condition

This property has undergone a detailed inspection and has recently been refurbished. This, in addition to a built-in reserve for pre-sale renovations, positions the property for capital gains on exit of the investment.

Solid Lease

The property is currently vacant and the area enjoys strong rental demand from families and professionals. It is expected a new Section 8 tenant will provide a long-term lease agreement. 

Investment Timeline
  • Funding started
    13th Feb. 2023
  • Funding complete
    27th March 2023
  • Rental starts
    27th May 2023
  • Returns start
    1st June 2023
  • Year 1 returns
    1st June 2024
  • Year 2 returns
    1st June 2025
  • Year 3 returns
    1st June 2026
  • Year 4 returns
    1st June 2027
  • Property sold

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