Essex Lists Vintage 6-Unit Apartment Building in Noble Square
CHICAGO, ILLINOIS– Chicago-based multifamily brokerage firm Essex Realty Group, Inc. announced it has been exclusively engaged to market for sale 1470 W. Huron St., a ¬¬6-unit apartment building located in the heart of Chicago’s Noble Square neighborhood.
The property is comprised of three (3) 2 bed/1 bath and three (3) 1 bed/ 1 bath apartments, three (3) exterior rear parking spaces, shared rear porches, and a yard. The units feature white and stainless-steel kitchen appliances, dishwashers, central heat, and have true wood flooring throughout. In addition to the well-maintained interiors, the cornice at the property was recently restored, adding to the property’s tremendous curb appeal.
The property is listed by Essex Director, Brian Keegan and Managing Director, Brian Karmowski. According to Keegan, “It’s no surprise the building has been owned by the same group for almost 30 years. Whoever buys it will likely do the same. When the owners gut renovated this property in the late 90s, they spent a substantial amount of capital bringing the utilities up to date and modernizing the units. The property, as it stands today, is in a prime position for a new owner to leverage the quality infrastructure that’s there – and to take it to the next level for the next 30 years.”
The West Town neighborhood of Chicago is located a few miles west of Chicago’s Loop and offers views of Chicago’s skyline from most parts of the neighborhood. It is rapidly gentrifying and becoming one of Chicago’s most desirable neighborhoods, offering an array of colorful galleries and museums, taprooms, quaint coffee shops, and a booming restaurant and nightlife scene. West Town benefits from being comprised of several neighborhoods whose residents have brought a rich history. Neighborhoods within West Town include East Village, Eckhart Park, portions of Humboldt Park, Noble Square, portions of River West, Smith Park, Ukrainian Village, and Wicker Park.
The building is ideally situated in the heart of West Town, on the north side of Huron Street just east of Ashland Avenue and is conveniently located less than a mile from both the Chicago and Division CTA Blue Line Stations. The 90/94 expressway is located nearby, along with several bus stops, offering tenants many excellent transportation options. The property is just two blocks from popular Chicago Avenue, and within walking distance to the West Loop/Fulton Market & Ukrainian Village/Wicker Park neighborhoods.
1470 W. Huron St. is a rare opportunity to acquire an exceptionally maintained vintage building in a prime West Town location.
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