ON MARKET - MULTI-FAMILY
6239 N. Western Ave. Chicago, IL 60659
PRICE
Call for details
NUMBER OF UNITS
18
PROPERTY LISTED

Essex Realty Group, Inc. has been exclusively engaged to market for sale 6239 N. Western Ave., an 18-unit mixed-use building in Chicago’s vibrant West Ridge neighborhood. The Subject Property has benefited from many capital improvements in recent years, including individual tenant-paid gas-forced heat and central air conditioning (more Capital Improvement details available on page 8 of the Offering Memorandum), and presents to an investor a unique opportunity to increase income and value through cosmetic updates alone.

The building comprises of twelve (12) large 1 Bed/1 Bath apartments, six (6) retail spaces, and nine (9) fully-leased garage parking spaces. Despite its excellent condition, there remains potential for revenue growth, as outlined on the Value-Add Opportunities page of the Offering Memorandum.

Situated within walking distance of Devon Avenue’s bustling commercial corridor, 6239 N. Western Ave. benefits from its close proximity to an array of boutique shops and restaurants. Tenants enjoy convenient access to public transportation, with multiple CTA bus lines running along Western and Devon Avenues.

LOCATION DETAILS

Renowned as one of Chicago’s most historically and culturally rich neighborhoods, West Ridge is a treasured community featuring vibrant retail along Devon Avenue, stately historic mansions on Ridge and Lunt Avenues, and esteemed cultural institutions like St. Scholastica Academy.

Nestled in a particularly desirable enclave of West Ridge, 6239 N. Western Ave. boasts an enviable location just blocks from the bustling Devon Avenue commercial corridor. This prime positioning provides easy access to numerous boutique shops and restaurants, offering tenants a vibrant and diverse array of local amenities.

HIGHLIGHTS
  • Individual Gas-Forced Heat & Central Air (Tenant-Paid)
  • Many Capital Improvements Including Newer Tear-Off Roof, Hot Water Tanks, Windows, and Tuckpointing
  • Large 4-Room One-Bed Layouts with Cosmetic Value-Add Opportunity
  • Nine (9) Fully-Leased Garage Parking Spaces
LISTING BROKER
Director
773.305.4882