Essex Realty Group, Inc. is pleased to announce the sale of 2600 W. Montrose Ave., a 26-unit courtyard apartment building located in Chicago’s Lincoln Square neighborhood.
The building is comprised of three (3) studio units, twenty-one (21) one bedroom/one bath units*, one (1) two bedroom/one bath unit, and one (1) three bedroom/two bath unit. All units feature laminate countertops, white appliances, shared laundry, hardwood flooring and radiator heat.
*One of these units is presently a vacant office space but may be converted into a 1Bd/1Ba unit.
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.
- Sold for First Time in More Than 20 years
- Premier Lincoln Square Location
- Sold CAP: 4.53%
- Sold GRM: 13.11