S. Vernon Avenue
Renovation in progress!
About The Neighborhood
S. Vernon Avenue is a brick 2 flat rental apartment building located in the Greater Grand Crossing neighborhood. As its name suggests, the history of Greater Grand Crossing is tied to the railroads connecting downtown Chicago and the Midwest. Greater Grand Crossing’s first residents were attracted to the area by the intersection of the Illinois Central and Lake Shore and Southern Michigan railroads where, beginning in the 1850s, trains would frequently idle to allow rail traffic to pass safely. The passengers and workers on the stopped trains provided businesses with customers, and the neighborhood began to grow from this economic opportunity. The 1893 World’s Columbian Exhibition sparked massive growth in the South Side Communities nearest the lakefront, Greater Grand Crossing among them. S. Vernon Avenue is a good example of the type of housing built during this time.
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Investors should conduct their own respective due diligence and not rely on the financial assumptions or estimates that are displayed in this package. Fluctuations in the value of the assets that are the subject of any investment are to be expected. Additional risks exist due to a variety of factors, including, but not limited to, leverage, property operations, business risks, management and environmental liabilities. There is a potential for loss of part or ALL of the investment capital, and each investor should understand that all capital invested may be lost. Investors should only consider these investments if they have no need for liquidity and can bear the risk of losing their entire investment. The investments shown herein may not be suitable for you. All prospective investors are highly encouraged to retain and consult with their own respective independent legal counsel, tax and financial advisers, investment advisers and accountants. This package is only suitable, intended and available for accredited investors who are familiar with, and willing to, accept the risks associated with private investments. We do not make any recommendations regarding the appropriateness of particular opportunities for any Investor. Each investor must review and evaluate the investments in the investor’s own discretion and determine the suitability of making the particular investment. Investments are NOT insured by the FDIC or by any other Federal Government Agency, are NOT Bank deposits, are NOT guaranteed by Strata Investments. Neither the Securities and Exchange Commission nor any federal or state securities commission or regulatory authority has recommended or approved of these investments or passed upon the accuracy or inaccuracy of any of the information or materials provided by or through this package.
