ON MARKET - MULTI-FAMILY
1514 N. Honore St. Chicago, IL 60622
PRICE
$3,000,000
NUMBER OF UNITS
9
PROPERTY LISTED

Essex Realty Group, LLC has been exclusively engaged to market for sale 1514 N. Honore St., a 9-unit walk-up building in Chicago’s Wicker Park neighborhood.

The building consists of nine 2-Bedroom apartments that feature stainless steel appliances, hardwood floors, quartz countertops, and HVAC. Shared laundry facilities are located in the basement, where bike storage and additional storage units are also available for residents’ convenience.

Located in the heart of Wicker Park, the Property offers prime access to the bustling Milwaukee Avenue corridor, known for its eclectic mix of shopping, dining, and entertainment. The CTA Damen Station is a 5-minute walk away, offering seamless connections to the Blue Line for easy access to downtown and O’Hare Airport. Residents can enjoy a vibrant neighborhood filled with trendy boutiques, acclaimed restaurants, coffee shops, and nightlife venues.

It is important to note that the current apartment leases all expire in May (1), June (2), July (3), and August (3), such that a new owner’s first-year income will likely be materially higher than the current income upon which the property is underwritten and valued.

This property is part of a larger portfolio that includes 959 W. Webster Ave. and 3434 N. Halsted St. The properties may be purchased individually or as a package.

LOCATION DETAILS

Wicker Park is a vibrant neighborhood located on the northwest side of Chicago, bordered by Bucktown to the north, Ukrainian Village to the south, West Town to the east, and Humboldt Park to the west. Known for its rich history, artistic culture, and thriving nightlife, Wicker Park is a hub for creatives, young professionals, and longtime residents alike. The neighborhood is centered around the iconic Wicker Park itself, a green space that hosts community events, farmers markets, and recreational activities. Wicker Park is also famous for its bustling commercial corridors along Milwaukee, Damen, and North Avenues, where trendy boutiques, vintage shops, music venues, and some of Chicago’s most acclaimed restaurants and bars create a lively, eclectic atmosphere.

HIGHLIGHTS
  • 9-Unit Walk-Up Building Featuring All 2-Bedroom Apartments
  • Prime Wicker Park Location Near Milwaukee Avenue Corridor
  • 5-Minute Walk to CTA Damen Station With Access to the Blue Line, Downtown & O’Hare
LISTING BROKERS
Principal
847.732.9090
Principal
773.484.8866
Managing Director
847.691.7800