Kiser Group has been exclusively engaged to market for sale 1132-40 W. Wilson, a 44-unit mixed-use asset in Chicago's thriving Uptown neighborhood. The property is situated ideally across the street from Truman College, 0.2 miles to the Wilson Red Line, and only 0.5 miles to the lakefront. Originally built in 1911, the building shares a rich history with the neighborhood.
In 2015, the current ownership extensively renovated the property into a 44-unit boutique building with ground-floor retail. Apartments were gut-rehabbed and include high-end modern finishes, granite counter-tops, flat panel cabinetry, glass-enclosed showers, in-unit laundry, and polished concrete floors. All building systems were also upgraded, including copper plumbing and 1600 amp electric service for the apartments.
1132-40 W. Wilson offers the opportunity to acquire a renovated historic asset without capex requirements in a location that will always be sought after.