ON MARKET – MULTI-FAMILY
159-161 West Goethe Street Chicago, IL 60610
NEIGHBORHOOD
Old Town
PRICE
$5,600,000
NUMBER OF UNITS
14
CAP RATE
5.41%
PROPERTY LISTED

Essex Realty Group, Inc. has been exclusively engaged to market for sale 159 West Goethe Street, a renovated 14 unit apartment building located on the south side of Goethe in Chicago's Old Town neighborhood.

The unit mix features spacious 1, 2 & 3 bedroom apartments. The units all feature similar finishes including granite countertops and stainless steel appliances in the kitchens, updated bathrooms, and in-unit laundry. Unique historical architectural details throughout some of the units include exposed brick walls, fireplaces, arch details, and original parquet flooring or hardwood. These features, along with the property's Victorian-era facade, perfectly embody the elements of a historic Old Town building.

159 West Goethe is conveniently located just 1/2 block east of Wells Street, one of the liveliest streets in Old Town. The property sits within four minutes walking distance to the Clark/Division CTA station servicing the Red Line. Additionally, Chicago's popular Lakefront and Oak Street Beach are within 15 minutes walking distance. The Property is steps away to a variety of retailers, cafes, bars, restaurants, and other neighborhood amenities including The Second City, Zanies, Xsport Fitness, Soul Cycle, Plum Market, Starbucks and Happy Camper.

LOCATION DETAILS

The property is situated in the heart of historic Old Town, just 1/2 block east of Wells Street, one of the liveliest streets in the neighborhood. The property sits within four minutes walking distance to the Clark/Division CTA station servicing the Red line. Additionally, Chicago's Lakefront and popular Oak Street Beach are within 15 minutes walking distance.

HIGHLIGHTS
  • Opportunity to acquire a 14 unit property in the heart of Old Town
  • Phenomenal location off popular Wells Street and within 4 minutes walking distance to the Clark/Division Red Line CTA Station
  • Beautifully renovated apartments with unique historical architecture
  • Blocks from the beautiful Lakefront and popular Oak Street Beach
LISTING BROKERS
Jordan Gottlieb
Principal
773.305.4922
Jim Darrow
Principal
773.305.4920