Essex Realty Group, Inc. has been exclusively engaged to market for sale 1470 W. Huron St., a beautifully maintained 6-unit apartment building in the Heart of Noble Square. Recent tuckpointing as well as a major cornice restoration are each part of the property’s tremendous curb appeal. Notably, the property has been under the same ownership for almost 30 years. It was also completely gut rehabbed in 1996, bringing all new modern utilities to and throughout the property at that time.
The Subject Property is comprised of three (3) 2 Bed/1 Bath and three (3) 1 Bed/1 Bath apartments and includes three (3) exterior parking spaces in the rear. Each unit features a thoughtful floorplan with true wood flooring, a mix of stainless steel and white appliances appliances, dishwashers, central heat, and access to laundry in the basement. The property also features a large rear porch and a private hardscaped yard that each tenant can access and enjoy. An opportunity exists for an investor to increase rents with limited work to each of the units or significantly with a couple of minor upgrades.
The building is ideally situated on the north side of Huron Street just east of Ashland Avenue, and is conveniently less than a mile from both the Chicago & Division L Stations, making this an excellent location within the West Town neighborhood. Quick access to the CTA Blue Line Station and 90/94 expressway, along with several bus stops, offers tenants many excellent transportation options. 1470 West Huron is a rare opportunity to acquire an exceptionally maintained vintage building in a prime West Town location.
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. West Town benefits by 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.
Today, West Town 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. 1470 W. Huron is located in the heart of West Town, only two blocks to popular Chicago Avenue, as well as in close proximity to several public transportation options, and walking distance to the West Loop/Fulton Market & Ukrainian Village/Wicker Park neighborhoods.
*Neighborhood information from https://www.westtownchicago.com/
- Extremely Well-Cared-For Vintage Apartment Property
- Unit Mix: Three (3) 1 Bed/1 Baths & Three (3) 2 Bed/1 Baths
- Modern Utilities Systems Throughout
- Same Ownership for Almost 30 Years
- Heart of Noble Square, blocks from nearby L Station, Bus Stops, and West Loop