Essex Realty Group, Inc. is pleased to announces the sale of 1846 North California, located in Chicago’s popular Logan Square neighborhood. Built in 2012, the six-unit apartment building is comprised of four extremely spacious 2 bed/2 bath apartments and two large 3 bed/2 bath duplex down apartments. Each apartment features gourmet kitchens, individual HVAC, washer/dryer in-unit, fireplaces in the living rooms, rear decks, hardwood floors throughout, and private gated or garage parking. The kitchens have stainless steel appliances, custom backsplashes and beautiful granite countertops. The primary bedroom has an en-suite bathroom with separate soaking tub and dual sinks.
The property is ideally situated on the west side of California Avenue, less than one half block from the California entrance point to The Bloomingdale Trail. It is also conveniently located less than 3 blocks away from Humboldt Park, a 197-acre park featuring a historic lagoon and boat house, a large field house, two gymnasiums, an inland beach, and countless
playgrounds and sports fields. 1846 North California Avenue sits in a prime location on California Avenue, the doorway to Logan Square, which includes an endless stream of restaurant, bars, shopping and entertainment options, making this an excellent opportunity to purchase a new construction apartment building on a coveted street on California Avenue.
RICH HISTORY: Logan Square is located approx. 3 miles northwest of Chicago’s Loop. In the past few years the area has enjoyed booming growth in population and popularity with Chicago’s residents, as evidenced by the opening of a variety of new retail developments and popular new bars and restaurants. Known for its historical architecture, scenic boulevards, and expansive parks, Logan Square is regularly regarded as one of Chicago’s most sought after neighborhoods.
PRIME LOCATION: The property is located on California Avenue, just half a block away from The Bloomingdale Trail. The Bloomingdale Trail is the centerpiece of the 606; it connects to four neighborhood parks at ground level, an observatory, art installation and other amenities. Set Above city streets, it’s a unique way to explore Chicago. 1846 North California is also located just 5 blocks west of the Western Blue Line CTA station, an in close proximity to numerous bus stops.
- New Construction Property Delivered In 2012
- Stabilized 5.7% CAP Rate with 8% Rent Increase
- Rents Average $985 Per Bedroom
- Large 2 Bed & 3 Bed Duplex Apartments
- High End Finishes with Primary En Suite Baths & Spacious Living Rooms
- 2 Blocks From Vibrant Retail on Armitage Ave
- One Half Block from California Bloomingdale Trail Entrance
- Blocks to Historic Humboldt Park