Essex Realty Group, Inc. is pleased to announce the sale of 1637 & 1639 West Huron Street, located in Chicago’s popular West Town neighborhood. The Properties both underwent full gut-renovations in 2002, updating all building systems. Both buildings have been meticulously maintained by the same owner for almost 30 years, providing the new investor with the opportunity to acquire two rarely available assets located steps apart.
1637 & 1639 West Huron feature large spacious 1 bed/1 bath and 2 bed/1 bath apartments with finishes from the 2002 renovation; including kitchens with white & black appliances, laminate countertops and wood cabinetry. The properties feature separate HVAC, individual water heaters, on-site laundry, rear wooden decks, a shared patio and exterior parking spaces. The buyer was attracted to the opportunity to further improve each property by adding laundry in-unit and modernizing kitchens & baths to raise current rents to market level.
The properties are situated on the south side of Huron Street, just west of Ashland Avenue, and are conveniently located less than 1 mile from both the Chicago & Division Blue Line CTA Stations. 1637 & 1639 West Huron sit in a prime location within West Town, just blocks from Chicago Avenue, which includes a stream of restaurants, bars, shopping and entertainment options.
Essex successfully conducted 17 tours and generated 6 written offers from qualified buyers. 1637 & 1639 West Huron Street were sold together as a portfolio.
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 changing and becoming one of Chicago’s most desirable neighborhoods, offering an array of colorful galleries and museums, independent theaters, quaint coffee shops, and a booming restaurant and nightlife scene. 1637 & 1639 West Huron are located in the heart of West Town, just blocks from the neighborhood’s popular Chicago Avenue, as well as in close proximity to public transportation.
*Neighborhood information from https://www.westtownchicago.com/
- Rarely Available Side-By-Side Vintage Properties in West Town
- Conducted 17 Tours & Generated 6 Written Offers from Qualified Buyers
- Both Properties Gut Renovated in 2002, Including Individual HVAC, Electrical Services & Wiring, Plumbing, etc.
- Spacious 1 Bedroom and 2 Bedroom Units
- Significant Rental Increases Achievable After Cosmetic Renovation and In-Unit Laundry installation
- Beautiful Tree Lined Street, 1 Mile from Fulton Market District