Essex Realty Group, Inc. has been exclusively engaged to market for sale 6257 N. Lakewood Ave., a 14-unit corner apartment building located in Chicago’s Edgewater neighborhood steps from the Loyola University Main Campus.
6257 N. Lakewood Ave. is predominantly composed 1, 2, and 3 bedroom apartments and includes one (1) 3 Bed 2 Bath Duplex and one (1) 5 Bed 2 Bath Duplex. Additionally, the property includes four (4) exterior tandem parking spaces. The diverse unit mix is ideal and caters both to the local Edgewater population and to the extremely close Loyola Student population.
This Subject Property is conveniently located three (3) blocks southwest of the Broadway, Sheridan, and Devon intersection, which is the heart of the Loyola Campus. Residents will find everything from major nationally supported retail to local family owned restaurants and bars. The property is also located less than a half-mile from the Granville Red Line “L” Station and steps from various bus stops on Broadway St. and Devon Ave. This fantastic location benefits from the substantial growth of the University, tons of surrounding new developments, excellent public transportation, walkable restaurants and retail, the beautiful lakefront, public beaches, and so much more.
The subject property is located in the Edgewater neighborhood on the North-Side of Chicago. The lakefront neighborhood of 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.
6257 N. Lakewood Ave. is steps from many retail and restaurant options along Broadway. Additionally, residents are within walking distance to the Granville CTA Red Line, Whole Foods Market and Loyola University’s Lake Shore Campus.
- Walking Distance to Heart of Loyola Campus
- Room to Significantly Increase Rents in As-Is Condition, or to Further Improve for a Value Add-Investor
- Option to purchase as a portfolio with 1214-24 W. Rosemont Ave.