Essex Realty Group, Inc. has been exclusively engaged to market for sale, 832-838 West Erie Street, a luxury 20-unit apartment building located in Chicago’s popular River West Neighborhood. Built in 2015, the property consists of a 16-unit building facing Erie Street plus a 4-unit building facing Green Street in the rear. The unit mix is comprised of twelve 2-beds, seven 3-beds and one 4-bed apartments. There are five duplex units all on the first level of the building that duplex down into the basement. The apartments feature designer finishes including wide plank natural Oak floors, stainless steel appliances, quartz countertops, custom Italian cabinetry, individual HVAC, in-unit laundry, and private balconies. Additionally, the five penthouse units feature rooftop decks with city views. The property includes 8 garage and 11 outdoor parking spaces.

The property is ideally situated on the north side of Erie Street just west of Green Street, and is conveniently three blocks to the Grand L Station, making this an excellent location within the River West neighborhood. Quick access to the CTA Blue Line Station and 90/94 expressway, along with several bus stops, offers tenants many excellent transportation options. 832 West Erie is a rare opportunity to own a boutique luxury building in a prime River West location with an endless choice of local restaurants, retail and entertainment options just steps away.

The River West neighborhood has continued to show rapid growth due to its desirable location. Its close proximity to several popular neighborhoods including – West Town, River North, and the West Loop, make it a prime location for many tenants. The neighborhood also benefits from easy access to public transportation and easy access to Chicago’s Loop.

The property is located on the north side of Erie Street, just West of Green Street, in the heart of River West. 832 West Erie is also conveniently located three blocks to the Grand Blue Line CTA Station, and only steps to numerous bus stops. Additionally, residents are within walking distance to many retail and restaurant options along Milwaukee Avenue, Grand Avenue and Halsted Street, as well as the West Loop’s popular Fulton Market & Randolph Street,

• 20 Luxury Newer Construction Apartments in Great River West Location
• Massive Units Range from 1500-2500 SF; Unit Mix Includes 5 Duplexes and 5 Penthouses
• All Units Include Private Decks, Penthouses Feature Rooftop Decks with Incredible City Skyline Views
• 8 Garage & 11 Outdoor Parking Spaces Between the Two Buildings
• Less Than Half a Mile to the Grand & Chicago CTA Stations & Several Bus Stops Steps Away
• Assumable Debt at 3.33% Interest Only, Yielding a 9.4% Cash on Cash Return Year 1