Essex Realty Group, LLC has been exclusively engaged to market for sale 4401–03 N. Beacon St., an attractive corner walk-up apartment building located in Chicago’s vibrant Sheridan Park neighborhood.
The Property features a desirable unit mix of thirteen (13) apartments, including three (3) large 1 Bd/1 Ba units with offices and ten (10) 2 Bd/1 Ba units. Each unit offers spacious layouts and excellent natural light, with select units offering separate dining rooms, sun rooms, and/or eat-in kitchens.
The Property presents a compelling value-add opportunity to add in-unit laundry and potentially add additional bedrooms. The property also features substantial basement space with high ceilings that may allow for the addition of new dwelling units or the option to duplex down existing units.
Having been extremely well maintained by current ownership, the building has received several recent capital improvements, including a newer rubber layer on half of the roof (2021), a rebuild of a significant portion of the parapet wall (2021), a new hot water system (2022), new water service, and new coin-operated laundry facilities.
Located just six miles north of the Loop, Sheridan Park offers a rare blend of historic character and urban convenience. Residents enjoy easy access to public transportation with the Wilson Red and Purple Line Station, major bus routes, and Lake Shore Drive all within close proximity. Furthermore, the subject property is conveniently located near a variety of entertainment, shopping, and dining options along Broadway and Lawrence Avenue, the Uptown Entertainment District, Andersonville’s boutique retail corridor, and the nearby Ravenswood and Lincoln Square neighborhoods.
With ongoing revitalization efforts in the area, Sheridan Park continues to present strong long-term appeal for both residents and investors.
Sheridan Park, located just six miles north of Chicago’s Loop within the Uptown community, offers a unique blend of historic charm and urban convenience. Known for its early 20th-century architecture and tree-lined streets, the neighborhood provides easy access to the lakefront, major thoroughfares like Broadway and Lawrence Avenue, and vibrant cultural venues such as the Aragon Ballroom and Riviera Theatre. Its proximity to the Uptown Entertainment District and Andersonville’s boutique shopping adds to the neighborhood’s appeal as a well-rounded, dynamic area.
Transportation options are robust, with nearby Red and Purple Line access at Wilson Station, multiple bus routes, and close connections to Lake Shore Drive. Sheridan Park benefits from ongoing revitalization efforts, including redevelopment projects in the Uptown Theater Corridor aimed at enhancing local businesses and historic venues. This combination of historic character, cultural richness, and strong transit infrastructure positions Sheridan Park as a highly desirable location offering both lifestyle convenience and promising long-term growth potential.
- Attractive Corner Walk-Up In Premier Sheridan Park Location, Offering Vintage Charm And Strong Neighborhood Demand.
- Desirable 13-Unit Building Featuring Three (3) 1 Bd + Office Layouts And Ten (10) Spacious 2 Bd Units, Many With Dining Rooms, Sun Rooms, Or Eat-In Kitchens.
- Value-Add Potential Through The Addition Of In-Unit Laundry, Reconfiguring Select Units To Create Additional Bedrooms, And Utilizing High-Ceiling Basement Space For New Units Or Duplex-Down Conversions.
- Well-Maintained Asset With Key Recent Improvements, Including A Newer Rubber Layer On Half Of The Roof, Parapet Wall Rebuild, New Hot Water System, New Water Service, And Updated Laundry Facilities.
- Highly Accessible, Amenity-Rich Location Near The Wilson Red/Purple Line, Lake Shore Drive, And Top North Side Destinations Including Uptown, Andersonville, Ravenswood, And Lincoln Square.