CLOSED – MULTI-FAMILY
1455 W. Huron St. Chicago, IL 60642
NEIGHBORHOOD
West Town
PRICE
Call for details
NUMBER OF UNITS
5
PROPERTY LISTED

Essex Realty Group, Inc. was exclusively engaged to market for sale 1455 West Huron Street and generated 31 tours and 11 offers, resulting in a Sale Price over List Price. The property is a 5-unit walk-up apartment building located in Chicago's Noble Square/West Town neighborhood. The unit mix consists of two (2) 1 Bd/1 Ba+Den units, two (2) 2 Bd/1 Ba units and one (1) 3 Bd/1 Ba unit (which may present a new owner with a duplex-down opportunity).

LOCATION DETAILS

The Property is situated on the south side of Huron Avenue, between Ashland Avenue and Noble Street, and is located just steps from several well-known Chicago destinations such as Beatnik and Beauty Bar. In addition, the property is located within walking distance to multiple CTA bus stops along Ashland Avenue and Chicago Avenue, as well as the Chicago CTA Blue Line Station.

HIGHLIGHTS
  • Essex Generated 31 Tours and 11 Offers Resulting in a Sale Price over List Price
  • Significant Value-Add Opportunity
  • Desirable Noble Square/West Town Location
  • Substantially Below Market Rents
  • 8.29% Stabilized Cap Rate
  • 8.72 Stabilized GRM
  • 13.29% Stabilized Cash-on-Cash
LISTING BROKERS
Abe Eilian
Director
773.305.4882
Doug Fisher
Principal
773.305.4910