UNDER CONTRACT – MULTI-FAMILY
2551-53 W. Hirsch St. Chicago, IL 60622
PRICE
Call for details
NUMBER OF UNITS
9
PROPERTY LISTED

Essex Realty Group, Inc., has been exclusively engaged to market for sale 2551-53 W. Hirsch Street, a 9-unit corner apartment building located in Chicago's Humboldt Park neighborhood. The unit mix consists of one (1) 1 Bd/1 Ba Loft unit and eight (8) 2 Bd/1 Ba units. The property also has basement space running the entire length of the building.

LOCATION DETAILS

The property is situated on the southeast corner of the intersection of Hirsch Street and Rockwell Street. The building is located within walking distance of Chicago's popular 606 (Bloomingdale) Trail, as well as all the restaurants, cafes and shops that Humboldt Park, Logan Square and Wicker Park have to offer. In addition, the property is conveniently situated within close proximity to multiple CTA bus stops along Western Avenue, North Avenue and Division Street.

HIGHLIGHTS
  • Significant Value-Add Opportunity
  • Desirable Humboldt Park Location
  • Substantially Below Market Rents
  • 8.00% Stabilized Cap Rate
  • 8.96 Stabilized GRM
  • 12.68% Stabilized Cash-on-Cash
LISTING BROKERS
Abe Eilian
Director
773.305.4882
Doug Fisher
Principal
773.305.4910