Essex Realty Group, LLC has been exclusively engaged to market for sale, 2027 North Humboldt Boulevard, arguably the best building on Humboldt Boulevard, featuring an ultra high-end renovation that rivals many luxury single family homes. The property was renovated with a tremendous amount of pride; meticulously maintaining the building’s vintage characteristics and charm, and also blending in new modern and luxurious designs and finishes.
CURRENT RENTS 50% BELOW MARKET RATE
Rents are currently well below market, including extra large 3 bed / 2 bath + Den apartments renting for an average of $3,300. It is estimated that market value of these apartments is over $5,000 monthly. This presents a rare opportunity to step into a well-located building with meaningful upside already in place, especially given the size and quality of the units.
CONDO-QUALITY FINISHES & CUSTOMIZED INTERIORS
The units stand out for their level of finish and attention to detail, more in line with high-end single family homes and luxury condominium product than typical rentals. High-end, Restoration Hardware-level finishes, combined with hardwood flooring, luxury kitchens and bathrooms along with well-designed layouts, create a product that is unrivaled in the neighborhood.
PRIME LOGAN SQUARE LOCATION
Situated on Humboldt Boulevard in the center of Palmer Square, the property benefits from one of the most desirable residential corridors in Logan Square, with close proximity to Milwaukee Avenue, the 606 Trail, and the CTA Blue Line.
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