Essex Realty Group, Inc. has been exclusively engaged to market for sale 1401 W. Highland Ave., a 12-unit corner lot apartment building located in Chicago’s Edgewater neighborhood just steps from Loyola University of Chicago’s main campus. The property was fully renovated in preparation for a condominium conversion in the late 2000’s, but the developer decided to keep the building as apartments.
The property is comprised of twelve (12) two bedroom/one bath units. All apartments feature granite countertops, stainless steel appliances, in-unit laundry, refinished hardwood flooring, and renovated bathrooms. Six (6) of the units have had additional upgrades to the bathrooms including glass block window installation.
1401 W. Highland Ave. is surrounded by public transportation, situated just four (4) blocks from the Loyola and Granville Red Line “L” stations, and various bus stops along Devon Ave., Broadway St., and Clark St. Residents of Edgewater Glen have benefited from the numerous dining and shopping options that have sprouted up as a result of Loyola’s expanding presence.
The subject property is located in the Edgewater neighborhood on the North-Side of Chicago. The lakefront neighborhood of Edgewater is located approximately seven miles north of the Loop and is bounded by the Rogers Park community to the north, Uptown to the south, Lincoln Square to the west, and Lake Michigan to the east. Edgewater is home to several beaches and waterfront parks and the vibrant Bryn Mawr Historic District. Additionally, Loyola University’s Lake Shore Campus is located within the neighborhood of Edgewater and is home to over 16,000 students and 1,000 faculty members. Eighteen of Loyola University’s nineteen residence hall buildings are located in the Edgewater and Rogers Park neighborhoods, prompting established retailers and eateries to open convenient locations along the
1401 W. Highland Ave. is within proximity to a variety of retail and restaurant options along Broadway. Additionally, residents are within walking distance to the Granville CTA Red Line, Whole Foods Market and Loyola University’s Lake Shore Campus.
- 12-Unit Corner Lot Apartment Building Four (4) Blocks from Loyola University
- ALL 2Bd/1Ba Units Featuring Stainless Steel Appliances, Granite Countertops, Hardwood Floors, And In-Unit Laundry
- Gut-Renovation in mid 2000's: All Copper Plumbing and 800 Amp Electric Main
- MASSIVE Basement for Potential Duplexes or ADU units