Essex Realty Group, Inc. has been exclusively engaged to market for sale, 612 West Stratford Place, an architectural gem located in the heart of Chicago’s popular Lakeview neighborhood. The property consists primarily of massive 3 bedroom apartments that live like single family homes including an office and a separate dining room. The second floor is divided into two large apartments including a large one bedroom + office and a beautiful 2 bedroom/2 bathroom apartment in the rear with an open layout, huge windows, and outdoor space.
MAJOR RENOVATION IN 2020
The building underwent a complete gut-renovation completed in 2020 including new electric service, wiring and in-unit 100 AMP panels, new copper plumbing risers, individual HVAC, in-unit laundry and new kitchens & bathrooms.
OVERSIZED APARTMENTS
The spacious units all feature hardwood floors, stainless steel appliances, quartz counters, subway tiled backsplash & showers, generously sized bedrooms, individual HVAC, laundry in-unit, private outdoor space and a shared backyard. The 3 bed/2 bath apartments are oversized between 1,600-2,000 SF and include massive living rooms, separate dining rooms, and office space. The units receive a substantial amount of light due to their large windows on the building’s curved front.
LOCATION
The property in prime Lakeview is in close proximity to the Addison “L” station with quick access to the CTA Red & Purple Lines and adjacent to several bus stops on Sheridan and Broadway, offering tenants countless transportation options. 612 West Stratford Place is ideally situated less than one block from Lake Michigan and just over half a mile from the Chicago Cubs’ Wrigley Field, affording tenants quick access to games and Wrigleyville nightlife.
ASSUMABLE DEBT AVAILABLE
Current Balance = $2,328,799
Current Interest Rate = 3.09%
Maturity Date = January 1, 2041
Lakeview is one of the most prominent neighborhoods in Chicago, located 6 miles north of the Loop and bordering Lake Michigan. Its proximity to the city’s central business district, combined with convenient access to public transportation, has led to substantial residential and retail growth, driving the neighborhood’s transformation into one of the foremost places to live in Chicago. Home to the Chicago Cubs and Wrigley Field, the country’s second-oldest ballpark, the neighborhood is filled with restaurants, boutiques, and small businesses.
612 West Stratford Place is ideally situated less than one block from Lake Michigan and just over half a mile from both Wrigley Field and the CTA Addison Station, which serves the Red and Purple Lines.
- 2,000 SF 3 Bedroom/2 Bathroom Apartments + Large Office Space, Dining Rooms and Master Bedroom + Ensuite Bathroom
- Apt 2F = 1,100 SF 2 Bed/2 Bath Bright Open Floor Plan Apartment
- Apt 2R = 800 SF One Bedroom + Office with Massive Living Room
- Building Underwent Complete Renovation in 2020 Including New Electric, Plumbing & HVAC
- Adjacent to Numerous Bus Stops Along Sheridan and Broadway
- Walking Distance to Addison "L" Station & Wrigley Field/Clark Street Entertainment Options
- One Block to Lake Michigan
- RM-5 Zoning & 5,500 SF Lot
- Curb Cut Approved for Two Parking Spaces
- Assumable Debt Available at 3.09%