ON MARKET - MULTI-FAMILY
959 W. Webster Ave. Chicago, IL 60614
PRICE
$7,950,000
NUMBER OF UNITS
24
PROPERTY LISTED

Essex Realty Group, LLC has been exclusively engaged to market for sale 959 W. Webster Ave., a 24-unit mixed-use building located in Chicago’s premier Lincoln Park neighborhood, immediately across from DePaul University. The property includes three parking spaces.

The building consists of thirteen 1-Bedrooms, eight 2-Bedrooms, and three commercial spaces totaling 5,594 square feet. Residential units feature a mix of stainless steel and white appliances, hardwood floors, granite and quartz countertops, and individual HVAC. Shared laundry is available in the basement and 3rd floor, which also includes storage units for residents’ convenience.

Located just two blocks from the CTA Fullerton Station, this property offers convenient access to the Red, Brown, and Purple Lines, ensuring effortless commuting throughout the city. Residents can also enjoy the neighborhood’s vibrant atmosphere, with easy access to Oz Park, local cafés, shops, and entertainment along Webster and Armitage Ave.

This property is part of a portfolio that includes 3434 N. Halsted St. and 1514 N. Honore St. The properties may be purchased individually or as a package.

LOCATION DETAILS

Chicago’s Lincoln Park neighborhood is one of the best-known and most historically significant areas in the City. Located 3.15 miles north of the Loop with Lake Michigan to the east and the Chicago River to the west, Lincoln Park has experienced significant growth over the last few decades. Its proximity to the City’s central business district combined with convenient access to public transportation and lakefront has led to substantial residential and retail growth, transforming the community into one of Chicago’s most desired areas in which to live.

Lincoln Park boasts several attractions, including the Lincoln Park Zoo, the Chicago History Museum, and, most notably, Lincoln Park, Chicago’s largest public park. Magnificent architecture, charming boutiques, and a vibrant restaurant and bar scene appeal to residents, students, and tourists alike. DePaul University is located in the heart of Lincoln Park and boasts a population of over 25,000 students. The university’s presence coupled with Lincoln Park’s appeal to younger residents creates substantial demand for rental housing in the area.

HIGHLIGHTS
  • 24-Unit Mixed-Use Building Featuring 21 Apartments & 3 Commercial Spaces
  • Premier Lincoln Park Location Directly Across From DePaul University
  • Unit Mix: Thirteen 1-Bedrooms & Eight 2-Bedrooms
LISTING BROKERS
Principal
847.732.9090
Principal
773.484.8866
Managing Director
847.691.7800