ON MARKET – MULTI-FAMILY
835 North Wolcott Avenue Chicago, IL 60622
NEIGHBORHOOD
Ukrainian Village
PRICE
$4,200,000
NUMBER OF UNITS
11
CAP RATE
6.11%
PROPERTY LISTED

Essex Realty Group, Inc. has been exclusively engaged to market for sale, 835-837 North Wolcott Avenue, an 11-unit multi-family property located in Chicago’s popular Ukrainian Village neighborhood. The building was originally built by Valentine Blatz of the Blatz Brewing Company to house his brewery workers and has a desirable unit mix comprising of one large loft apartment, seven 2 bed/1 bath, two 3 bed/2 bath, one 4 bed/2 bath duplex unit that all feel spacious and bright due to the building’s corner location. All of the units have designer finishes including hardwood floors, stainless steel appliances, marble quartz countertops, custom backsplash, subway tiled showers, individual HVAC and laundry in-unit.

The property is situated on the northeast corner of Wolcott Avenue and Rice Street and is conveniently located just a half block north of the neighborhood’s popular Chicago Avenue, making it an ideal location on Chicago’s west side. The Division & Chicago L stations are 1 mile or less away, providing tenants quick access to the Blue Line. Along with several surrounding bus stops & Divvy stations, tenants are offered excellent transportation option. 835 N Wolcott Ave is a rare opportunity to own a corner building in a prime Ukrainian Village location with an endless choice of trendy restaurants, local bars and entertainment options steps away, making this an excellent opportunity that does not come available very often.

LOCATION DETAILS

RICH HISTORY: The Ukrainian Village neighborhood of Chicago is located a few miles west of Chicago’s Loop and offers views of the city’s skyline from most parts of the neighborhood. Ukrainian Village is included as a part of West Town and benefits by being comprised of several neighborhoods whose residents have brought a rich Eastern European history. Neighborhoods within West Town include: East Village, Eckhart Park, portions of Humboldt Park, Noble Square, portions of River West, Smith Park, Ukrainian Village, and Wicker Park.

PRIME LOCATION: Today, Ukrainian Village is rapidly changing and becoming one of Chicago’s most desirable neighborhoods, offering an array of colorful galleries and museums, taprooms, quaint coffee shops, and a booming restaurant and nightlife scene. 835 North Wolcott Avenue is located in the heart of the neighborhood, just one half block north of popular Chicago Avenue, as well as in close proximity to several public transportation options.

*Neighborhood information from https://www.westtownchicago.com/

HIGHLIGHTS
  • Formerly Owned by Valentine Blatz, Owner of the Blatz Brewing Company for Housing the Brewery's Employees
  • Full Renovation Completed in 2021
  • 11 Spacious & Bright Apartments
  • Units Include Stainless Steel Appliances, Quartz Counter, Subway Tiling, In-Unit Laundry & Individual HVAC
  • Prime Location in Ukrainian Village - 1/2 Block to Bustling Chicago Avenue
  • Walkable Distance to the Chicago & Division Blue Line "L" Stations
LISTING BROKERS
Jim Darrow
Principal
773.305.4920
Jordan Gottlieb
Principal
773.305.4922