Essex Realty Group, LLC is pleased to present Fairchild Shores, a 28-unit multifamily investment opportunity located at 6211 N. Kenmore Avenue in Chicago’s vibrant Edgewater neighborhood—just steps from Loyola University’s Lake Shore Campus and Rosemont Avenue Beach.

This well-maintained, 4+1 style building offers a desirable unit mix of twelve (12) studio apartments and sixteen (16) one-bedroom, one bath units, along with eighteen (18) dedicated parking spaces.

In 2018, the current ownership completed a comprehensive renovation of the property, including full interior upgrades to all units, featuring updated kitchens, bathrooms, flooring, interior doors, and paint, as well as a refresh of the common areas. Other improvements include new vinyl windows, updated copper plumbing, upgraded electrical service with individual in-unit panels, resurfaced parking, and new laundry facilities on each residential floor.

Located just one block from Loyola University, Fairchild Shores is ideally positioned to serve the strong and consistent demand for student housing. Current rents are approximately 15% below those of comparable properties in the area, presenting significant upside potential for a new owner with an enhanced leasing strategy.

Edgewater is a dynamic lakefront community known for its historic charm, popular beaches, and growing retail presence—making it a desirable submarket for residents and investors alike.

Edgewater is located approximately seven miles north of the Loop and is bounded by the Rogers Park community to the north, Uptown to the south, Lincoln Square to the west, and Lake Michigan to the east. Edgewater is home to several beaches and waterfront parks and the vibrant Bryn Mawr Historic District. Additionally, Loyola University’s Lake Shore Campus is located within the neighborhood of Edgewater and is home to over 16,000 students and 1,000 faculty members. Eighteen of Loyola University’s nineteen residence hall buildings are located in the Edgewater and Rogers Park neighborhoods, prompting established retailers and eateries to open convenient locations along the campus’ perimeter.

• Prime Edgewater Location Known for Historic Architecture, Lakefront Access & Retail Growth
• One Block from Loyola University & Rosemont Avenue Beach – Ideal for Student Housing
• Unit Mix Consisting of Twelve (12) Studios and Sixteen (16) 1 Bed/1 Bath
• Renovated in 2019; Recent Updates Include Kitchens, Baths, Flooring, Doors, Paint, New Windows, Copper Plumbing, Electrical Upgrades with In-Unit Panels, Resurfaced Parking Lot, and New Laundry Rooms on Each Residential Floor
• Current Rents ~15% Below Market – Significant Upside with Value-Add Leasing Strategy