Essex Realty Group, LLC has been exclusively engaged to market for sale 2056 W. Arthur Ave., a 15-unit walk-up in Chicago’s West Ridge neighborhood. The Property offers twelve (12) two-bedroom/one-bath and three (3) three-bedroom/one-bath apartments.

Unit interiors feature refinished oak hardwood floors and forced-air heating, with shared laundry in the basement. Select kitchens have been updated with granite countertops and stainless-steel appliances.

The Property offers a new owner multiple paths to value creation. Current rents trail the market, providing immediate upside through normalizing rents to market as units turn. A new owner may further pursue cosmetic renovations to kitchens and bathrooms to push rents above current market levels. The Property may also support the addition of accessory dwelling units (ADUs), with multiple tall-ceiling basement spaces potentially well-suited for conversion pending City approval — further expanding the income base.

Situated in West Ridge, the Property is a 3-minute walk to CTA bus service at Devon & Hoyne and a 15-minute walk to the Rogers Park UP-N Metra Station. Residents enjoy immediate access to the Devon and Western Avenue retail corridors and Warren Park.

West Ridge is one of Chicago’s most historically and culturally abundant neighborhoods. Located on the far North Side and often referred to interchangeably as West Rogers Park, the community offers a vibrant mix of international retail, historic architecture, and abundant green space.

The neighborhood is best known for Devon Avenue, a thriving international retail and dining corridor lined with specialty markets, bakeries, and acclaimed restaurants. Beyond Devon, West Ridge boasts historic mansions along Ridge and Lunt Avenues, two designated Chicago bungalow historic districts, and notable institutions such as St. Scholastica Academy. Residents also enjoy generous green space at Warren Park and Indian Boundary Park, with convenient CTA bus and Metra access providing a direct connection to downtown Chicago.

• 15-Unit Walk-Up Featuring 12 Two-Bedroom/One-Bath and 3 Three-Bedroom/One-Bath Apartments
• Property May Also Support the Addition of Accessory Dwelling Units (ADUs)
• Unit Interiors Feature Refinished Oak Hardwood Floors, Forced-Air Heating, Formica and Granite Countertops, and a Mix of White and Stainless-Steel Appliances
• Walking Distance to CTA Bus Service at Devon & Hoyne; 15-Minute Walk to the Rogers Park UP-N Metra Station and Steps Away from Robert Black Golf Course