Essex Realty Group, Inc. has been exclusively engaged to market for sale Leavitt Place, a newly constructed center-entrance, six-flat located at 2157-59 W. 21st Pl. The property is situated in Chicago’s Pilsen Neighborhood.
The building is comprised of two (2) eight-bed/five-bath duplex down units, three (3) five-bed/three-bath units, and one (1) four-bed/three-bath unit. The apartments feature luxury designer finishes, including chef’s kitchens with stainless steel appliances, quartz countertops, subway tile backsplash and hardwood floors. Additionally, units feature 10 foot high ceilings, custom closets, central heat and air conditioning, separate hot water tanks, in-unit laundry, and private outdoor space. The building is equipped with smart building technology including secured keyless entry system with mobile app access, and in-home smart control systems for lights, music, and a nest thermostat.
Five of the six apartments are currently occupied by tenants on traditional, annual leases. One apartment is leased as a coliving apartment, with individual rooms leased to tenants. The building is well-suited for coliving tenants as it has a furnished rooftop deck, a community workspace, and a recreation lounge. The demand for coliving in Pilsen is strong due to the neighborhood’s popularity among young professionals and college students looking to live off campus.
Pilsen is a culturally rich neighborhood situated roughly 3.5 miles southwest of Chicago’s Loop. The neighborhood of Pilsen features a
diverse population mix including families, creative professionals, business professionals, medical students, and grad students. 18th Street is a bustling retail corridor that is home to many local cafes, coffee shops, bodegas, and restaurants. While Pilsen has a strong cultural presence filled with many local restaurants, several Chicago restaurant chains as well as critically acclaimed new chefs have opened up restaurants in recent years.
Not only are residents extremely close to downtown Chicago but they are also just west of McCormick Place, the largest convention center in North America. The property’s convenient location makes commuting around the city quite easy. The Subject Property is located two blocks from the Damen Pink Line CTA Station, and in proximity to numerous bus stops.
- Stabilized New Construction Center-Entrance 6-Flat
- Luxury Apartments with Stainless Steel Appliances, Quartz Countertops, In-Unit Laundry, Private Outdoor Space
- Unit Mix: (2) 8Bd/5Ba Duplex-Down, (3) 5Bd/3Ba, (1) 4Bd/3Ba
- Exceptional Coliving and Short-Term Rentals
- Corner Lot in Popular Pilsen Neighborhood, Two (2) Blocks from Damen Pink Line