8900 South Parnell Avenue

Chicago - United States of America

Properties > 8900 South Parnell Avenue
4 years
Entire Property
Single Family Home

Login or register to view more information


A fantastic investment opportunity, this property is comprised of a single-family home, originally constructed in 1885. The property offers a spacious living area of 52 square meters and has 2 bedrooms and 1 bathroom.

About the area

Neighbourhood: Auburn Gresham

Our real estate team have identified the Gresham area, as one that is primed for real estate investment in 2021. Auburn Gresham is located 9 miles southwest of the Loop. The neighbourhood has witnessed ongoing development over the past decades. This is primarily a residential area with several parks but also includes a rapidly urbanizing commercial area in the neighbourhood's southeast edge, locals can easily access a broad range of shopping, dining, and entertainment.


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 cities 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 have influenced and reflected the history of American architecture and Chicago’s buildings in a variety of styles by many important architects. Median household incomes in Chicago grew by 3% over the last year while median property values increased by 11.9%. Median home sales prices in Chicago are projected to keep rising in 2021 and are forecasted to increased by 8.4% until 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
    6th Dec. 2021
  • Funding complete
    30th Dec. 2021
  • Rental starts
    1st Feb. 2022
  • Returns start
    1st March 2022
  • Year 1 returns
    1st March 2023
  • Year 2 returns
    1st March 2024
  • Year 3 returns
    1st March 2025
  • Year 4 returns
    1st March 2026
  • Property sold

Open Investment Opportunities

View the latest real estate investment opportunities from around the world.

Login or register to view full portfolio of properties available

Investing carries risks, including loss of capital and illiquidity. Please read our Risk Warning before investing.