ON MARKET - MULTI-FAMILY
4700 North Racine Avenue Chicago, IL 60640
NEIGHBORHOOD
Uptown
PRICE
$6,385,000
NUMBER OF UNITS
49
PROPERTY LISTED

Essex Realty Group, Inc. has been exclusively engaged to market for sale, Darlington Apartments at 4700 North Racine Avenue, a 49-unit property in the heart of Chicago’s popular Uptown neighborhood. The building was completely renovated in 2020 and includes 48 apartments and 1 ground level retail space. The apartments are comprised of studios and 1 bedrooms which all feature designer selected finishes including epoxy flooring, stainless steel appliances and vintage style refrigerators, quartz counters, subway tiled showers, radiator heating, and central air conditioning units. Select apartments include dual washer/dryer units. Building amenities include a 24/7 laundry facility with gaming area, a workout room, two resident lounges, storage units and a large private courtyard. The retail space is currently vacant, and an opportunity exists to relet the space or to possibly duplex three first-floor units into the ground level where the retail currently exists.

The property is ideally situated on Racine Avenue just north of Leland Avenue, and is conveniently only two blocks to the newly renovated Wilson L Station and three blocks to the Argyle L Station, making this an excellent location within the Uptown neighborhood. Quick access to the CTA Red & Purple Line Stations and Ravenswood Metra Station, along with several bus stops and Lakeshore Drive, offers tenants many excellent transportation options. Darlington Apartments is a rare opportunity to own a stately, renovated corner building in the heart of the Uptown entertainment district, just one block to The Riviera Theatre and other iconic landmarks like the Aragon Ballroom, Uptown Theater, and Green Mill Jazz Club.

LOCATION DETAILS

Uptown, nestled along Lake Michigan, was originally a posh resort area, providing a serene escape from bustling city life. It quickly became a favorite spot for Chicago’s silent film era celebrities, evident in its rich cultural and entertainment scene. Landmarks like the Aragon Ballroom, Riviera Theater, Uptown Theater, and Green Mill Jazz Club remain iconic and frequently visited.

Only about six miles north of Chicago’s Central Business District, Uptown offers a charming community with tree-lined streets, all while being conveniently close to downtown. It’s situated just north of Lakeview and east of Ravenswood, allowing residents to savor the best of these neighborhoods.

Uptown is primarily residential, featuring six-flats, single-family homes, and courtyard apartment buildings. With Montrose Harbor and the Beach nearby, residents have easy access to the lake and park year-round.

HIGHLIGHTS
  • 49 Unit Gut-Renovated Property in the Heart of Uptown
  • Incredible Location, Steps from Landmarks such as The Riviera Theatre, Aragon Ballroom, Green Mill Jazz Club & More
  • Luxury Studio & 1-Bedroom Micro Apartments with Custom Kitchens Including Vintage Style Refrigerators
  • Vacant 1,812 SF Retail Space Available to Re-Let or Potential Duplex First-Floor Apartments
  • Building Amenities Include Two Resident Lounges, Fitness Center, 24/7 Laundry Facilities & Spacious Courtyard
  • Close Proximity to Montrose Harbor & Beautiful Lakefront
LISTING BROKERS
Principal
312.998.2112
Principal
847.989.3017
Director
708.466.2626