Baum Realty Group, LLC has been exclusively retained to offer for sale 3751-3759 N. Western
Avenue, a part three-story, part one-story mixed-use building at the southeast corner of Western &
Grace in Chicago’s North Center neighborhood. Sitting on 9,633 SF of land, the building contains a
total of fourteen (14) units, with ten (10) fully leased, modern residential units and four (4) commercial
units. The residential unit mix consists of two (2) 1 bed/1 bath apartments, six (6) 2 bed / 2 bath
apartments, and (2) 3 bed / 3 bath apartments. The existing building was fully gut rehabbed in
2018 with a new roof, electrical service, plumbing, windows, masonry / tuckpointing and more.
In addition to the stabilized income from the existing three-story building, the Property offers a
rare and attractive opportunity to construct up to an additional 22 dwelling units AS-OF-RIGHT
where the single-story portion of the building sits. Such a development is permissible without any
parking requirement (100% reduction), ensuring a smooth and easy zoning path to getting a shovel
in the ground.