Essex Realty Group, LLC has been exclusively engaged to market for sale 7538 W Lawrence Avenue, a fully renovated 12-unit apartment building located in Harwood Heights. The offering presents an outstanding opportunity to acquire a turnkey multifamily asset in a quiet, highly sought-after residential neighborhood just outside the City of Chicago.

The Subject Property underwent a comprehensive renovation completed in 2023. All twelve (12) units were taken down to the studs and rebuilt with modern finishes. Renovations include new kitchens with contemporary cabinets, quartz countertops, stainless steel appliances, new bathrooms with updated vanities and tile, new luxury vinyl flooring throughout, custom millwork, and new window treatments. In addition, a common laundry room was added for resident convenience. The unit mix consists of four (4) one-bedroom/one-bathroom apartments and eight (8) two-bedroom/one-bathroom apartments, all of which are currently leased.

7538 W. Lawrence is located on a quiet corner in Harwood Heights, a few blocks from the intersection of Harlem Avenue and Lawrence Avenue. This location offers walkable access to numerous national retailers and shopping centers, including Harlem Irving Plaza, Holiday Plaza, Norridge Commons, Starbucks, Lou Malnati’s, and Portillo’s. The property also benefits from its proximity to the City of Chicago, offering a highly desirable blend of suburban charm and urban convenience.

Located approximately 14 miles northwest of Chicago, the Village of Harwood Heights spans .82 square miles and, along with its neighbor Norridge, forms an enclave entirely surrounded by the City of Chicago. Situated approximately six miles west of O’Hare International Airport, the village offers exceptional accessibility to northwest Chicago, sitting just a few blocks east of the city limits. Residents and visitors enjoy the convenience of being within walking distance of numerous retail shops, shopping malls, and nationally recognized restaurants, making Harwood Heights a well-connected and desirable community.

• Fully leased, turnkey investment offering immediate cash flow.
• Fully renovated 12-unit building with a complete gut rehab completed in 2023, featuring modern finishes throughout including quartz countertops, stainless steel appliances, luxury vinyl flooring, and a newly added common laundry room for tenant convenience.
• Desirable unit mix consisting of four (4) 1 bed / 1 bath units and eight (8) 2 bed / 1 bath units.
• Located on a quiet corner in Harwood Heights, just outside Chicago city limits, with walkable access to Harlem Irving Plaza and popular retailers including Starbucks, Lou Malnati’s, and Portillo’s.
• Sold individually or as a portfolio with 4747 N. Ronald St., and 7005 W. Gunnison St.