Essex Lists 125-Unit Mixed-Use Apartment Building in Sheridan Park

CHICAGO, ILLINOIS– Chicago-based multifamily brokerage firm Essex Realty Group, LLC. has been exclusively engaged to market for sale, The Maynard at 1325 West Wilson Avenue, located in Chicago’s vibrant Sheridan Park neighborhood.

The 12-story mixed-use property anchors the beautiful Sheridan Park neighborhood and features four ground-floor retail spaces and 121 apartments above, offering a desirable mix of studios, 1-bedroom & 2-bedroom units. Fully renovated in 2015, The Maynard was thoughtfully designed with high-end finishes and modern conveniences that appeal to today’s renters. Each unit features hardwood floors, black stainless appliances, granite countertops, subway tile backsplash & showers, individual HVAC, and laundry in-unit. Residents can also enjoy access to amenities including a lobby café, elevator, bike storage, fitness center & rooftop deck.

The property is anchored by 4,432 SF of retail space currently leased through 2028 & 2030 to a strong mix of local favorites, including The Public Barber, Elevate Coffee, and Hearthstone & Terrace, a curated home goods store. All the tenants benefit from the location on Wilson Avenue, a well-established commercial corridor that brings consistent business.

“The Maynard at 1325 West Wilson offers 121 units of naturally occurring affordable housing with studio rents averaging under $1,200 per month while also offering residents incredible amenities including a state of the art gym, rooftop deck, and a ground floor lobby/working area and café,” according to the Essex Chicago brokers Matt Feo & Jordan Gottlieb.

Situated in the heart of Sheridan Park, the property offers unbeatable access to public transportation. It is within a half mile of the Wilson & Montrose CTA “L” stations and the Ravenswood Metra Station, along with multiple bus routes and Lake Shore Drive. The surrounding area is rich in attractions, including several theatre & concert venues, Montrose Beach and Lake Michigan, Ravenswood and Andersonville’s shopping districts, the Chicago Cubs’ Wrigley Field, and more.

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Since 1990, Essex Realty Group, LLC has served Chicago’s investment real estate market as a top multifamily brokerage firm, specializing in Chicago multifamily for sale properties. Contact us today to learn more about our recent multifamily and mixed-use property sales, or click HERE.

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