Essex Realty Group, LLC has been exclusively engaged to market for sale, 1948 North Lincoln Avenue, a 6-unit apartment building situated in Chicago’s highly desirable Lincoln Park neighborhood. The property features well-appointed 1 bed/1 bath apartments with strong in-place rents and significant upside to market rents.

MODERN APARTMENT FEATURES
Each apartment was thoughtfully designed with quality finishes including hardwood floors, stainless steel appliances, granite countertops, tiled backsplashes and bathrooms, individual HVAC systems and in-unit laundry for maximum convenience. Residents also enjoy private rear decks, providing valuable outdoor living space in this desirable location.

UNMATCHED NEIGHBORHOOD AMENITIES
Situated in one of Chicago’s most prestigious and historical neighborhoods, the property offers residents unparalleled accessibility and lifestyle amenities. The building is conveniently located less than one mile from the Sedgwick & Armitage CTA Stations (Brown & Purple Lines) and within walking distance to multiple bus routes, providing seamless connectivity throughout Chicago. Quick access to Lake Shore Drive ensures easy commutes downtown and to the lakefront.

Residents enjoy an exceptional mix of upscale restaurants, boutique shopping, and vibrant nightlife, with DePaul University’s 25,000+ student population driving consistent rental demand. The area also boasts attractions including Lincoln Park Zoo, North Avenue Beach, and the Chicago History Museum, destinations that make Lincoln Park one of the city’s most popular neighborhoods.

Chicago’s Lincoln Park neighborhood is one of the best known and most historically significant areas in the city. Located 3.15 miles north of the Loop with Lake Michigan to the east and the Chicago River to the west, Lincoln Park has experienced significant growth over the last few decades. Its proximity to the City’s central business district combined with convenient access to public transportation and lakefront has led to substantial residential and retail growth, transforming the community into one of Chicago’s most desired areas in which to live.

Lincoln Park boasts several attractions including the Lincoln Park Zoo, the Chicago History Museum, and most notably, Lincoln Park, Chicago’s largest public park. Magnificent architecture, charming boutiques, and a vibrant restaurant and bar scene appeal to residents, students and tourists alike. DePaul University is located in the heart of Lincoln Park and boasts a population of over 25,000 students. The university’s presence coupled with Lincoln Park’s appeal to younger residents creates substantial demand for rental housing in the area.

• Prime Lincoln Park 6-Flat Bordering Old Town
• Updated Apartments Feature Stainless Steel Appliances, Individual HVAC, Laundry In-Unit & Private Decks
• Rent Growth Opportunity Driven by Strong Demand from DePaul University Students
• Potential for Short-Term Airbnb Rental Income
• Less Than One Mile to Sedgwick & Armitage CTA Stations, Plus Multiple Nearby Bus Stops
• Ideally Situated Near Lake Michigan, North Avenue Beach, Lincoln Park Zoo & Other Premier Attractions