Essex Realty Group, LLC is excited to announce the sale of 2027 North Humboldt Boulevard, a trophy 5-unit multifamily property prominently located along one of Chicago’s most prestigious residential corridors in Logan Square. Arguably one of the finest apartment buildings on Humboldt Boulevard, the property underwent an extensive, ultra high-end renovation that seamlessly preserved its historic character while incorporating luxury finishes more commonly found in custom single-family homes and high-end condominium developments. The oversized apartments feature hardwood flooring, designer kitchens and bathrooms, premium finishes, individual HVAC systems, and thoughtfully designed layouts that set the property apart from competing rental product.
Essex executed a successful marketing campaign that generated significant buyer interest from both local and out-of-state investors. The property’s combination of exceptional quality, substantial rental upside with in-place rents approximately 50% below market, and irreplaceable Humboldt Boulevard location resulted in a successful sale on strong terms, further demonstrating the continued demand for premier multifamily assets in Logan Square.
Logan Square, located approximately three miles northwest of Chicago’s central business district, is a multi-cultural community of art
organizations, music venues, local businesses, and an abundance of restaurants and cocktail bars.
Among other things, the area is known for its historical and handsome solid greystone two- and three- flats, and single-family homes that
line Logan, Kedzie and Humboldt Boulevards, and Logan and Palmer Squares. The majority of which were constructed by German and
Scandinavian immigrants in the late 1800s. After the Great Chicago Fire of 1871, the neighborhood’s population began rapidly expanding;
and, by 1889, the entirety of Logan Square had been annexed by the City of Chicago & the CTA’s L line shortly thereafter.
Today, the area continues to see expansion year after year. A booming growth in population has allowed for new residential and retail
developments to pop up over the last several years. Residents can often be found enjoying the Chicago weather on the 2.5 mile stretch of
boulevards that expand across the neighborhood.
- Exceptionally Renovated 5 Unit Property on Humboldt Boulevard
- Luxury Condo/SFH Quality Renovations Completed in 2019
- Jumbo Unit Layouts Featuring 3 Bed + Office / 2 Bathroom Apartments - Approx. 1,800 SF
- Property Features Large Front Porches, Rear Hardscaped Courtyard & 3 Single Car Garages With Custom Commercial Doors
- Premier Location Near Palmer Square Park, Logan Square's Top Restaurants & Blue Line Transit
- Opportunity to Increase Rents by 55% Based on Nearby Comps
- View Our 2025 Logan Square Neighborhood Report: http://bit.ly/4vYG6Zq