Essex Realty Group, Inc. is proud to exclusively present for sale 1523 W. Chicago Ave in Chicago, Illinois. The subject property is comprised of two separate buildings totaling 8 units in the center of Chicago’s East Village, West Town, and Noble Square neighborhoods. The 1523 Building consists of six 3-bedroom/1-bathroom apartments (approximately 1,800 SF) and one commercial space (approximately 3,600 SF with approximately 1,800 SF in the basement). The property was originally built in 1864 and is a solid, 4-story brick building with tremendous vintage appeal.
These massive apartments feature extremely favorable floor plans with some of the units being occupied as a 4-bedroom unit. All the apartments have separate gas furnaces and hot water tanks in each unit. Additionally, electricity and cooking gas is separately metered; therefore the tenants pay their own heat, hot water, electric, and cooking gas. The kitchens and bathrooms vary in age throughout the building and some of the recently renovated kitchens feature designer cabinetry, stainless steel appliances and newer flooring. The bathrooms have tile baths, separate vanities and tile flooring. The footprint of the apartments are extremely large and receive a tremendous amount of natural lighting due to the newer, oversized windows. Hard wood flooring can be found throughout the common areas of each unit and there are multiple closets for storage.
The subject property is conveniently located at the Southwest corner of W. Chicago Ave and N. Armour St in Chicago’s booming West Town neighborhood. The building’s remarkable curb appeal, combined with its’ solid hard corner location, brands this property as a destination on the bustling Chicago Ave corridor.
The property is located approximately two miles west of the intersection of Chicago Ave and Michigan Ave, also known as the Magnificent Mile, where some of Chicago’s most luxurious retailers, hotels, and restaurants are located. A few blocks beyond this intersection is Lake Michigan where residents and tourists can easily access some of Chicago’s famous beaches as well as the world-renowned Navy Pier. Chicago’s business district is located just over two miles southwest of the subject property where some of the largest international companies are headquartered.
- Phenomenal Hard Corner Location in West Town
- Multiple Written Offers
- Walking Distance to Two CTA Blue Line Stations (Chicago; Division)
- Located Just off the Kennedy Expressway