Irving Park Multifamily Property Hits The Market

Chicago-based multifamily brokerage firm Essex Realty Group, Inc. has been selected to exclusively market 4257 N. Sacramento Avenue, an eight-unit multifamily property located in Chicago’s popular Irving Park neighborhood.

This charming brick apartment building is situated on the southeast corner of Cullom Avenue and Sacramento Avenue, just three blocks west of Horner Park. The unit mix is comprised of all two-bedroom units that feel spacious and bright due to the corner location. Three of the eight units were recently renovated with beautiful finishes including stainless steel appliances and quartz or granite counters in the kitchen plus updated bathrooms. The remaining five units were updated within the last 10 years and have granite counters, cherry cabinetry and white appliances. Each apartments include hardwood floors, individual HVAC and spacious rear decks. The newer units yield higher rent compared to the older units which provides a new owner with proven strategy for renovating the remaining units and raising rent to capture additional rental upside.

4257 N. Sacramento Avenue is currently listed at $1,695,000 by the Essex team of Jim Darrow and Jordan Gottlieb.