ON MARKET - MULTI-FAMILY
2407 West Eastwood Avenue Chicago, IL 60625
NEIGHBORHOOD
Lincoln Square
PRICE
$11,250,000
NUMBER OF UNITS
41
PROPERTY LISTED

Essex Realty Group, LLC. has been exclusively engaged to market for sale, The Westerner at 2407 West Eastwood Avenue, located in the heart of Chicago’s highly coveted Lincoln Square neighborhood. This mixed-use property includes a ground floor retail space leased to Molar City dentistry to 2029, along with 40 apartments offering an attractive unit mix of studios and one-bedrooms.

COMPLETED IN 2017
The Westerner was thoughtfully designed and completed in 2017, with high-end finishes and modern conveniences that appeal to today’s renters. Each unit features LTV hardwood flooring, quartz countertops, stainless steel appliances, tile backsplashes in the kitchens, luxury bathrooms, individual HVAC systems, in-unit laundry, and private outdoor space in most apartments. The building is equipped with an elevator, garage parking, bike storage room, and additional building laundry facilities. Molar City is a successful 2,238 SF retail tenant that benefits from strong vehicular & pedestrian traffic and is directly across the street from the CTA Brown Line stop.

EXCELLENT LOCATION
Ideally located on the Southwest corner of Eastwood & Western Avenues, the property sits in a prime Lincoln Square location. It is located just one block from the Western “L” Station servicing the Brown Line, which is currently undergoing a significant renovation. Additional transit options include multiple nearby bus routes and the Ravenswood Metra Station, offering direct access to Downtown Chicago and the surrounding suburbs. Residents also enjoy close proximity to vibrant Lincoln Avenue, home to an array of boutique shops, restaurants, and entertainment venues.

LOCATION DETAILS

The Lincoln Square neighborhood is located on the north side of Chicago. Greater Lincoln Square encompasses the smaller neighborhoods of Ravenswood Gardens, Ravenswood Manor, Bowmanville, and Budlong Woods. The area has seen tremendous growth in the past decade as evidenced by much of the retail development along Lincoln, Damen and Lawrence Avenues. In many ways, Lincoln Square is a small town within the city. Lincoln Square is also home to Chicago’s Annual “Chicago Folk & Roots” music festival and the “German-American Fest”, among a variety of other more locally known festivals.

The property is centrally located within the neighborhood and benefits from the convenience of nearby retail on Lincoln and Western Avenues. Also located steps from Western Brown Line CTA (L) station and several bus stops on Western and Lawrence and Montrose Avenues.

HIGHLIGHTS
  • Opportunity to Acquire a New Construction Property in the Heart of Lincoln Square
  • 40 Luxury Apartment Units with Custom Kitchens, Washer/Dryer In-Unit & Private Balconies
  • First Floor Retail Space Leased to Molar City Dentistry to 2029
  • Prime Lincoln Square Location - Across the Street from Western CTA Station & Less Than One Mile to Ravenswood Metra Stop
  • Two Blocks to Popular Lincoln Avenue's Dining & Retail Corridor
LISTING BROKERS
Principal
773.305.4900
Principal
847.989.3017