Essex Realty Group, LLC. has been exclusively engaged to market for sale, 4101 West Nelson Street, a meticulously maintained 11-unit apartment building located in heart of Chicago’s thriving Avondale neighborhood. The property consists of a desirable mix of spacious 2 and 3 bedroom apartments along with two studio garden apartments.

RECENT CAPITAL IMPROVEMENTS
The building has undergone several renovations in the past 15 years including new electric service and 100 AMP panels for each unit, a new hot water boiler & storage tank, individual HVAC, and new modernized kitchens & bathrooms.

MODERNIZED & SPACIOUS APARTMENTS
These 1,000 – 1,200 SF apartments boast sleek interiors including hardwood floors throughout, stainless steel appliances, quartz countertops, subway tile backsplashes, modern tile designs in bathrooms, individual HVAC and rear porches. Additionally, the property includes washers & dryers in the basement, tenant storage units, a shared outdoor courtyard, and a one-car garage.

UNBEATABLE LOCATION
Situated on the west side of Avondale, 4101 West Nelson offers unparalleled accessibility. It is within close proximity to the Belmont & Logan Square “L” stations for quick access to the CTA Blue Line and near the Healy Avenue Metra Station and several bus stops, making commuting throughout the city and suburbs seamless. With its prime location, recent renovations, and strong rental demand, this property presents an exceptional investment opportunity.

Avondale is located on the Northwest side of the city, close to the north branch of the Chicago River and less than 10 miles from Chicago’s Loop. Situated between the Victorian-era mansions on double lots in Old Irving and the stately Greystones along Logan Boulevard, Avondale continues to grow as artists, urban professionals, and young families move northwest along the ever-popular Milwaukee Avenue. The neighborhood offers convenient public transportation; the “L” Blue Line stops in the center and the northern edge of the area, while Belmont Avenue and Addison Street are lined with several CTA bus stops. Additionally, the Kennedy Expressway (I-90/94) runs through Avondale, providing residents easy access to downtown and the Chicagoland area suburbs.

4101 West Nelson is located on the south side of Nelson Street, just west of Karlov Avenue, where there is an array of diverse eateries, revered bars, and specialty shops. Additionally, the property is located just over a mile from both the Belmont & Logan Square Blue Line CTA stations and the Healy Metra Train Station, and in close proximity to numerous bus stops and to the Kennedy Expressway, providing tenants with excellent transportation options.

• Prime Avondale Center Entrance Property with Oversized Apartments
• Substantially Renovated 10-15 Years Ago
• Individual HVAC, Updated Electric Service and 100 AMP Panels for Each Unit
• New Hot Water Boiler System & Storage Tank (2023)
• 1,000 - 1,200 SF Two & Three Bedroom Apartments with Current Average Rents of $1,555
• Apartments Feature Hardwood Floors, Stainless Steel Appliances, Quartz Counters, Individual HVAC & Laundry in Basement
• Close Proximity to Belmont & Logan Square "L" Stations and Healy Metra Station
• Walking Distance to Belmont & Milwaukee Avenue's Commercial Areas