Brand New Lincoln Square Construction Hits the Market, Listed by Essex Realty Group, Inc.

May 22, 2023

Commercial real estate brokerage firm Essex Realty Group, Inc. has been selected to exclusively market 2402 W. Carmen Avenue, a 25-unit mixed-use property located in Chicago’s Lincoln Square neighborhood. The new construction property consists of eighteen two-bedroom, six one-bedroom apartments, and 24 indoor parking spaces.

The property, located on the corner of Carmen and Western Avenues, features high-end finishes throughout each unit, including 9-10+ foot ceilings, walk-in closets, central heat and air conditioning, separate hot water tanks, in-unit laundry, and floor to ceiling windows. Furthermore, tenants have access to immaculate city views and outdoor space via the rooftop deck. Half of the apartments feature private balconies as well. The 2,500 square foot ground floor retail space is currently being built out by a local dentistry.

Rick Ofman said, “It’s no surprise that these apartments leased so quickly. Renters in Lincoln Square have been waiting for thoughtful layouts and luxury finishes like these.  This truly is one of the best executed boutique buildings I’ve seen anywhere in Chicago.”

In addition, the property is exceptionally located within proximity to both the CTA and Metra train lines. The centrally located building is surrounded by a slew of local restaurants, retailers, and public parks.

The property is offered for sale at $10,900,000 by the Essex team of Rick Ofman, Doug Imber and Kate Varde.

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