Essex Realty Group, Inc. is pleased to announce the sale of 1800-1808 W. Berenice Ave. situated in Chicago’s North Center neighborhood.
The 10,975 SF building was originally built as a warehouse and features a poured concrete foundation, individual HVAC with exposed ductwork, and individual hot water heaters and tanks. Today the property features a 4,400 SF theatre, one 4 bed/2.5 bath apartment unit, 3,100 SF of office space on the second-floor, and 14 outdoor parking spaces.
Local developer and a long-time resident of Lincoln Square, Landrosh Development LLC purchased the Property and is working with Alderman Matt Martin of the 47th ward and his staff on his plans to redevelop the property into an approximately 58,400 SF mixed-use building. Proposed plans include micro offices designed in a co-working concept, 42 apartment units with an on-site affordable housing component, and on-site parking. This TOD development is designed to increase density near public transportation while maintaining the neighborhoods identity.
- Rare opportunity to acquire 12,825 SF in desirable North Center location, 0.2 miles from Irving Park CTA Brown Line station.
- Redevelopment strategies included mixed-use or multi-family transit-oriented development, luxury condominiums, or single-family homes.
- Please call for sale details.