Essex Realty Group, LLC has been exclusively engaged to market for sale 930 W. Winona St., a 64-unit, 4+1 style apartment building located in Chicago’s Uptown neighborhood. The Property consists of 46 one-bedroom and 18 studio apartments. The Property also includes 35 parking spaces.

Apartments feature white appliances with laminate countertops, hardwood floors, radiator baseboard heat, and shared laundry facilities.

The Property has been diligently maintained by hands-on ownership. Notwithstanding, the rents for nearby apartments achieve approximately 12%-14% per month more than those at the subject Property.

Additionally, the property is currently designated Class 9 under the Cook County Property Tax Incentive Program, with 6 years remaining on the current incentive period. Class 9 reduces the assessment level for qualifying multifamily properties from 25% to 10% of market value, resulting in significant real estate tax savings. To qualify, at least 35% of the units are designated as affordable and leased to households earning no more than 80% of Area Median Income, with maximum rents set annually by HUD and the Cook County Assessor (See back of book for additional information). For existing buildings, eligibility also requires major rehabilitation of at least two primary building systems, with a minimum investment of $8 per square foot (indexed to CPI). The designation is granted for an initial 10-year term, renewable in 10-year increments with compliance, and is transferable upon sale.

930 W. Winona St. is ideally located just half a block from Lake Michigan and the CTA 146 bus line, which provides direct service into the Loop. The property is also 0.4 miles from the CTA Red and Purple Line stations at Argyle and Berwyn, and 1.8 miles from the Ravenswood UP-N Metra Station.

Uptown is a vibrant lakefront neighborhood on Chicago’s North Side, bordered by Lakeview, Edgewater, and Ravenswood. Known for cultural landmarks like the Aragon Ballroom, Riviera Theatre, and Green Mill, Uptown combines historic character with ongoing investment and redevelopment. Sub-neighborhoods such as Buena Park, Sheridan Park, and Margate Park feature tree-lined streets, historic architecture, and lakefront access. With strong transit options and a diverse mix of residents, Uptown continues to attract new development, retailers, and long-term residents.

• 64 units with 18 studios and 46 1Bd/1Ba apartments
• 35 on-site parking spaces
• Half a block from Lake Michigan and CTA 146 express bus to the Loop
• Class 9 tax incentive designation
• 0.4 miles to Argyle & Berwyn Red/Purple Line stations