Greenstone Partners, as the Exclusive Investment Advisors, is pleased to present the opportunity to acquire the 100% fee-simple interest in 1741 North Western Avenue (the “Property”), a twenty-five-unit multi-family investment located in Chicago’s Bucktown neighborhood.

The four-story property is situated upon ±4,914 square feet of land with ±68 feet of frontage along Western Ave. The Property consists of twenty-five (25) apartment units, with a unit mix of two (2) studios, nine (9) 1 Bed / 1 Bath, and fourteen (14) 2 Bed / 1 Bath units. The 2020-construction building features modern kitchens with stainless steel appliances and granite countertops, hardwood floors, spacious bedrooms, and in-unit laundry. Additionally, common area amenities include a fitness center, community room, storage lockers, bike storage, dog run, and a rooftop deck and green space. The Property includes seven (7) garage parking spaces, leased individually to residents.

Located 4-miles northwest of Chicago’s ‘Loop,’ the Bucktown/Wicker Park neighborhood has become a highly desirable residential submarket with a plethora of trendy restaurants and a prominent shopping district featuring thousands of daily customers. The Property is positioned 0.2-miles south of the three-way intersection of Milwaukee, Armitage, and Western Avenues, featuring 52,600 VPD and the CTA Blue Line Western Ave. Station (760K Annual Riders).

Within 1-mile, demographics include an average household income of $141,000+, a median home value of $568,000, and a total population of 66,691.