Just Listed: 39-Unit Courtyard Building in North Park
CHICAGO, ILLINOIS– Chicago-based multifamily brokerage firm Essex Realty Group, Inc has been exclusively engaged to market for sale 5026 N. Kimball Ave., a highly sought-after corner 39-unit courtyard apartment building in Chicago’s North Park neighborhood.
The property, under the same ownership for over 30 years, is comprised of a mix of 2 Bed and 1 Bed units and features some extensive renovation in more than half of the units. Notably, every unit in the building includes an individual furnace.
Strategically positioned at the northwest corner of Kimball and Carmen Ave., the property is directly across from the esteemed Von Steuben Metropolitan Science Center and mere blocks away from both North Park and Northeastern Illinois University campuses. This prime location caters to both the local population and students, offering convenience and accessibility. Additionally, the Kimball CTA Brown Line Station and multiple bus stops along Foster Avenue are within walking distance, ensuring effortless commuting for residents.
“Well-located courtyard properties remain some of the most highly coveted among Chicago’s Multi-Family Investors and it’s no surprise, given how infrequent the opportunity is to actually buy one. Aside from the obvious curb appeal – this is a distinctive opportunity to acquire a well-cared-for, corner building, situated blocks from two separate colleges.” said listing broker Brian Keegan.
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