Essex Realty Group, Inc. has been engaged to market for sale, 1501-1503 E. 66th Place, an eight unit property in the Woodlawn neighborhood, located just 15 minutes south of Downtown Chicago. The multifamily property has received great care, maintenance and updates to the units all while preserving its historic architecture and grandeur. The Property is located in the Lakefront Protection District, a private zone. The Lake Michigan and Chicago Lakefront Protection Ordinance recognizes that the City’s Lake Michigan shoreline possesses special environmental, recreational, cultural, historical, community and aesthetic interests and values that require protection and preservation. The proximity of the ground breaking Barack Obama Presidential Library is a mere few blocks away from the subject property. This is a rapidly growing neighborhood with new developments and the rise of local businesses.
1501-1503 E 66th Place has a unit mix comprised of four (4) 3 Bed / 1 Bath, & four (4) 3 Bed / 2 Bath apartments. Each condo unit has laundry hookup accessibility.
The Woodlawn neighborhood is one of great Chicago history scattered with handsome stone mansions and notable landmarks and parks. The Woodlawn boundary extends east to Lake Michigan, north to 60th Street, Martin Luther King JR. Drive to the west, and 67th Street to the south. The subject property is located at the corner of South Blackstone Avenue and East 66th Place.
Larger than downtown’s Millennium & Grant Park combined, Jackson Park boasts 550 acres of green space. Features include, 18-hole golf course, two walking trails, two basketball courts, football field, gymnasium, tennis courts, lagoon, Japanese Garden, two harbors, a yacht club, two beaches, bathing pavilions, and a bird sanctuary. There is so much this park has to offer it’s residents; It is no wonder this neighborhood is such a sought after area of Chicago. The eye catching architecture of this historic area highlights the prominence of the neighborhood. Chicago’s well known landmarks are scattered throughout, drawing tourists in for a fun adventure. One of the largest science museums in the world, The Museum on Science & Industry (1.5 miles), was the site of the 1893 World’s Columbian Exposition.
- PPU: $156,250
- CAP: 8.09%
- Prime Woodlawn Location
- Individual Pin Condo
- Extremely Close Proximity to Obama Presidential Library
- Located in Lakefront Protection District
- Multiple Modes of Transit