ON MARKET – MULTI-FAMILY
4420-28 N. Sheridan Rd. Chicago, IL 60640
NEIGHBORHOOD
Uptown
PRICE
$11,750,000
NUMBER OF UNITS
38
CAP RATE
4.67%
PROPERTY LISTED

Essex Realty Group, Inc. is exclusively engaged to market for sale 4420-28 N. Sheridan Rd. Chicago, IL 60640, located in the highly desirable Uptown neighborhood of Chicago, Illinois.

This thirty-eight-unit, new construction boutique-style building is comprised of one, and two-bedroom luxury apartments near the corner of Sheridan and Montrose. Delivered to the market in 2019, the property was extremely well-built with tasteful floorplans. The custom kitchens feature an open floorplan with designer cabinetry, quartz countertops, and a high-end stainless-steel appliance, and Grohe faucet package, including built-in microwaves and dishwashers. The spa bathrooms were designed with walk-in showers, tubs, frameless glass, surrounds, quartz countertops, Toto toilets, and honed marble backsplashes. All units have espresso-stained hardwood floors throughout, in-unit laundry, individual HVAC, and ultra-highspeed internet. All tenants also have access to the building's massive rooftop.

The building is conveniently located within the neighborhood of Uptown, which offers remarkable restaurants, retailers, fitness gyms, and nightlife. The Wilson Purple and Red Line Station is only one block from the property, therefore providing tenants with easy access to downtown Chicago. Additionally, residents are just steps away from Montrose Beach and Montrose Harbor.

LOCATION DETAILS

Located on the shores of Lake Michigan, Uptown was originally developed as an affluent resort area that served as a tranquil oasis away from the hectic city life. It was a popular destination for movie stars of Chicago’s silent film era which is evidenced by the numerous destinations for music and the arts. Landmarks like the Aragon Ballroom, Riviera Theater, Uptown Theater, and Green Mill Jazz Club hold deep historic, architectural, and cultural significance and are still frequented today.

Situated roughly six miles North of Chicago's Central Business District, Uptown offers residents a charming community of tree-lined streets while still being within close proximity to downtown Chicago. Uptown is located just North of Lakeview and East of Ravenswood allowing residents to enjoy the great qualities these neighborhoods have to offer. Uptown is mostly residential containing six-flats, single-family homes, and courtyard apartment buildings. The nearby Montrose harbor and Montrose beach make lake and park access easy for residents.

HIGHLIGHTS
  • Prime Uptown Location
  • Boutique, New Construction Multifamily Building (2019)
  • 1 Bed & 2 Bed Apartment Layouts
  • Open Floorplans with Luxury Finishes and Thoughtful Design
  • Tenant Amenities Include Expansive Communal Rooftop Patio
  • Close Proximity to Public Transportation, Shopping, and Entertainment
LISTING BROKER
Steven Livaditis
Principal
773.305.4840