CLOSED - MULTI-FAMILY
916 W. Willow St. Chicago, IL 60614
NEIGHBORHOOD
Lincoln Park
PRICE
Please Call for Sale Price
NUMBER OF UNITS
4
PROPERTY LISTED

Essex Realty Group, Inc. is pleased to announce the sale of 916 W. Willow Street, a 4-unit apartment building located in Chicago’s popular Lincoln Park neighborhood. In 2015 Essex sold the property to the current seller for a price of approximately $1.1 million. At the time, 916 W. Willow presented the buyer with a value-add opportunity with out-of-date finishes. A number of potential buyers also sought to convert the property into a single-family home. After renovations to both the building mechanical systems and the interior of the units, the seller, a local investor, was able to transform the property into a turn-key, stabilized property.

The Property is comprised of three (3) 2Bd/2Ba units, one (1) 2Bd/2Ba-GDN unit, and a 2-car garage. Each unit features hardwood floors, 9.5′ to 10′ ceilings, white shaker cabinetry, quartz or granite countertops, stainless steel appliances, new bathroom vanities with white tile surrounds, and in-unit laundry. The property was also updated with new 400 amp electric service, individual HVAC, new copper plumbing, individual hot water heaters, and new drywall in between 2017 and 2018.

LOCATION DETAILS

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HIGHLIGHTS
  • Fully renovated 4-flat with 2-car garage parking in premier Lincoln Park location, one block north of Old Town
  • Modern features including S/S appliances, granite or quartz countertops, individual HVAC, and in-unit W/D
  • Less than 0.3 miles from two CTA train station servicing Red, Brown and Purple lines
  • 0.5 miles south east of the highly anticipated Sterling Bay Lincoln Yards development
LISTING BROKERS
Principal
847.732.9090
Principal
773.484.8866