Essex Realty Group, Inc. has been exclusively engaged to market for sale, 1501 West Superior Street, a 10-unit property located in Chicago’s popular West Town neighborhood. The building underwent an extensive gut-renovation that was completed in 2014 with no expense spared. 1501 West Superior is comprised of one 4 bed/3 bath duplex, one 3 bed/2 bath duplex, six 2-bedroom and two 1-bedroom apartments that offer tenants spacious and bright units. The apartments are superior to others in the neighborhood and feature designer finishes including hardwood floors, stainless steel appliances, granite counters & kitchen islands, tile backsplash & showers, spacious living rooms, individual HVAC and in-unit laundry.
ASSUMABLE DEBT AVAILABLE AT 4.35%
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The building is ideally situated on the south side of Superior Street just west of Ashland Avenue, and is conveniently only four blocks to 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. 1501 West Superior is a rare opportunity to own a renovated building in a prime West Town location, just two blocks from popular Chicago Avenue with an endless choice of trendy restaurants, locals bars and entertainment options steps away.
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 who’s 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. 1501 West Superior 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/
- Assumable Debt Available at 4.35%
- Fully Renovated 10 Unit Building in Prime West Town Location
- Unit Mix Consists of 3 & 4 Bedroom Duplexes Plus Large 1 & 2 Bedroom Apartments
- Great Layouts for Work at Home Environment
- Corner Building with Abundant Sunlight & Oversized Footprint
- Excellent Location Only Two Blocks to Chicago Avenue & Four Blocks to Chicago & Division CTA Stations