Essex Realty Group, Inc. is pleased to announce the sale of 1401 N. Mohawk St., a 4-unit multi-family property located on the east side of Mohawk Street, just steps from Wells Street and North Avenue, and is conveniently located less than a half-mile from the Sedgwick Brown/Purple Line. The apartment building was completely renovated and rebuilt in 2020 and is essentially a new construction property.
The property is comprised of a 1 Bed/1 Bath Unit, a 2 Bed/2 Bath + Den Duplex, a 3 Bed/3 Bath Duplex, and a 4 Bed/3 Bath Duplex. Each unit features hardwood floors, stainless steel appliances, quartz countertops, dishwasher, built-in microwave and in-unit laundry.
Essex led an extensive marketing campaign resulting in 10+ tours and multiple competitive offers.
Old Town is a designated historic district filled with rich history and beautiful Victorian-era buildings nestled between the
Gold Coast/River North & Lincoln Park. Old Town is home to Chicago’s famous improv comedy training center The Second City, a Chicago staple that opened its doors in 1959 and is located less than a mile away. Additionally, The Old Town Art Fair was one of the original neighborhood fairs in Chicago dating back to 1949. Today the Fair features exhibits from more than 250 artists and showcases the quaint homes and gardens along the tree-lined streets. Old Town is also home to the historic St. Michael’s Church which is famous for surviving the Great Chicago Fire.
The subject property is positioned steps from Wells Street, a lively main thoroughfare home to a number of popular local restaurants and bars. One of Chicago’s largest and well-known parks, Lincoln Park, is situated less than a mile from the property and just a 15-minute walk through the park is North Avenue Beach. Old Town features convenient transportation options including easy access to Lake Shore Drive, both the Sedgwick (Brown and Purple Line) & North/Clybourn (Red Line) CTA stations, plus a number of bus stops & Divvy Bike Stations.
- 10+ Tours and Multiple Offers
- Highly Sought-After Old Town Location Steps From Wells Street
- New-Construction Like Property
- Current Rents Significantly Below Market
- Walking distance to Sedgwick Brown/Purple Line