Essex 312, LLC has been exclusively engaged to market for sale 2459 W. Augusta St.., a recently rehabbed 4-unit apartment building in Chicago’s West Town neighborhood. The offering presents a tremendous opportunity to acquire a turnkey asset in one of Chicago’s most sought-after neighborhoods.
The Subject Property is comprised of a 2 Bed/3 Bath Duplex-Down unit, two (2) 2Bed/2Bath units, and a single-family-like 3 Bed/3 Bath Tri-Level Coach House. Each unit features wood flooring, stainless steel or white appliances, granite countertops, dishwashers, central heat and air conditioning, in-unit laundry, and double wide porch seating areas. The Coach House also features a private exterior deck. This offering presents a tremendous opportunity for a live-in investor or regular investor to acquire a low maintenance asset on a prime West Town location.
The building is situated on the southeast corner of Augusta St. and Leavitt St., in the Smith Park neighborhood. This location is right between Division Street, Western Avenue, and Chicago Avenue – each growing retail thoroughfares with many up-and-coming restaurants and bars. It’s also near several public transportation options and walking distance to the West Loop/Fulton Market & Ukrainian Village/Wicker Park neighborhoods.
The West Town neighborhood of Chicago is located a few miles west of Chicago’s Loop and offers views of Chicago’s skyline from most parts of the neighborhood. West Town benefits by being comprised of several neighborhoods whose residents have brought a rich history. Neighborhoods within West Town include: East Village, Eckhart Park, portions of Humboldt Park, Noble Square, portions of River West, Smith Park, Ukrainian Village, and Wicker Park.
Today, West Town is rapidly gentrifying and becoming one of Chicago’s most desirable neighborhoods, offering an array of colorful galleries and museums, taprooms, quaint coffee shops, and a booming restaurant and nightlife scene. 2459 W. Augusta St. is located in the heart of the Smith Park Neighborhood, right between Division Street, Western Avenue, and Chicago Avenue – each growing retail thoroughfares with many up-and-coming restaurants and bars. It’s also near several public transportation options and walking distance to the West Loop/Fulton Market & Ukrainian Village/Wicker Park neighborhoods.
*Neighborhood information from https://www.westtownchicago.com/