Essex Realty Group, LLC is pleased to present 5710 N. Winthrop Avenue, a 42-unit multifamily investment opportunity located in the vibrant Edgewater neighborhood of Chicago, just south of Loyola University’s Lake Shore Campus.

This well-maintained mid-rise, corridor-style building offers an efficient unit mix of 25 studios and 17 one-bedroom/one-bath apartments. Residents benefit from a range of amenities, including a welcoming lobby entrance, on-site laundry facilities, and secure bike storage.

Ownership has made substantial capital improvements throughout the property, including updates to the kitchens and bathrooms, new windows, upgraded copper plumbing, and enhancements to common areas, ensuring long-term operational efficiency and tenant satisfaction.

Positioned just steps from Lake Michigan and within walking distance to the Bryn Mawr Red Line station, the property offers exceptional access to public transit, educational institutions, and recreational amenities. Its proximity to Loyola University, the lakefront, and several neighborhood beaches makes it highly attractive to both students and young professionals.

Located in the heart of Edgewater, the building is surrounded by a dynamic mix of restaurants, retail, and entertainment venues along Broadway and Bryn Mawr Avenue.

With current rents trailing market-rate comparables, the asset presents a compelling value-add opportunity for investors to realize meaningful rental upside, while still maintaining affordability in a high-demand, transit-oriented neighborhood.

Edgewater, located approximately seven miles north of the Loop, is a vibrant, lakefront neighborhood bounded by Rogers Park to the north, Uptown to the south, Lincoln Square to the west, and Lake Michigan to the east. Known for its architectural variety, active shoreline, and diverse community, Edgewater offers a dynamic mix of historic charm and urban convenience. The neighborhood is home to several public beaches and waterfront parks, as well as the renowned Bryn Mawr Historic District, which showcases early 20th-century architecture and a revitalized commercial corridor. Its cultural identity is shaped by a blend of long-time residents, students, artists, and professionals who benefit from the area’s walkability, lake access, and eclectic dining scene—including popular establishments like Uncommon Ground, Indie Café, and Ethiopian Diamond.

Edgewater is anchored by Loyola University Chicago’s Lake Shore Campus, which enrolls over 17,000 students and employs more than 1,600 faculty, contributing significantly to the neighborhood’s energy and economy. With eighteen of Loyola’s nineteen residence halls located in Edgewater and neighboring Rogers Park, the area has attracted a range of national and local retailers, cafés, and eateries to serve the student and residential population. Transit access is robust, with multiple Red Line CTA stops (Granville, Thorndale, Bryn Mawr), extensive bus service, and quick access to Lake Shore Drive, ensuring easy connectivity to downtown and beyond. Combined with its strong institutional presence, lakefront amenities, and ongoing residential development, Edgewater remains a sought-after and resilient Chicago neighborhood offering long-term value for residents, investors, and businesses alike.

• Prime Edgewater Location – Steps from Lake Michigan, Bryn Mawr Red Line, and Loyola University’s Lake Shore Campus
• 42-Unit Mid-Rise Building Comprised of 25 Studios and 17 One-Bed/One-Bath Apartments
• Recent Capital Improvements – Renovated Kitchens & Baths, New Windows, Upgraded Copper Plumbing, and Improved Common Areas
• Current Rents Below Market – Compelling Value-Add Opportunity Through Mark-to-Market Leasing Strategy