Essex Realty Group, LLC has been exclusively engaged to market for sale 3765 N. Kenmore Ave., a 7-unit corner walk-up apartment building located in Chicago’s highly desirable Wrigleyville submarket within the Lakeview neighborhood.
The Property is comprised of six (6) 2 Bd/2 Ba units and one (1) 1 Bd/1 Ba garden unit. Units feature quality interior finishes including hardwood floors, quartz countertops, stainless steel appliances, dishwashers, and central heat and air conditioning. Additional building improvements include updated copper plumbing, 200 AMP electric service to each unit, and individual hot water tanks. The Property also offers coin-operated laundry and one-to-one tenant storage in the basement.
Current rents are approximately 8%–10% below market, presenting an immediate value-add opportunity for a new investor. Furthermore, the existing layout allows for the potential addition of in-unit laundry, providing a clear path to increased rental income and enhanced tenant appeal.
Ideally located just one block from Wrigley Field and a short walk to the Addison Red Line CTA Station, 3765 N. Kenmore Ave. offers residents unbeatable access to public transit, retail, dining, and entertainment in one of Chicago’s most vibrant neighborhoods.