Essex Realty Group, Inc. is pleased to announce the sale of 3500 North Fremont Street, located in Chicago’s popular Lakeview neighborhood. The building is comprised primarily of studios and 1 bedroom apartments that feel spacious and bright due to the building’s corner location. Currently, 20 out of the 36 units have been renovated and feature beautiful finishes including hardwood floors, stainless steel appliances, quartz counters, and custom tile backsplash & showers. All units feature electric baseboard heating and shared laundry on-site. Essex conducted an extensive marketing campaign resulting in 16 property tours and several offers. The property was only on the market for 17 days before going under contract.
RICH HISTORY: Lakeview is one of the most prominent areas in Chicago, located north of the Loop and bordering Lake Michigan. Its proximity to the City’s central business district combined with convenient access to public transportation has led to substantial residential and retail growth, which have been the driving forces in transforming the neighborhood into one of the foremost places to live in Chicago. Home to the Chicago Cubs and Wrigley Field, the country’s second oldest ballpark, the neighborhood is filled with restaurants, boutiques and small businesses making up the majority of tenants along retail corridors with major national tenants consistently moving in each year.
PRIME LOCATION: The property is located on the northwest corner of Fremont Street and Cornelia Avenue in Chicago’s Lakeview neighborhood. 3500 North Fremont Street sits in between Halsted Street and Clark Street, two popular streets full of local charm featuring a wide variety of boutiques, salons & spas, and trendy restaurants & bars. The property is also conveniently located less than three blocks to the Addison CTA Station and Wrigley Field, and in close proximity to numerous bus stops and Divvy bike stations.
- 17 Days on Market; 16 Property Tours; Multiple Offers
- 20 Renovated Apartments & 16 in Original Condition
- New 1200 AMP Electric Service to Building
- Two Blocks from Wrigley Field & Clark Street
- Located Less Than Two Blocks to the Addison Red Line Station