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1414 N Bosworth AveChicago, IL 60642
1414 N Bosworth Ave
Asset ClassMultifamily
wicker park value-add multifamily
overview of deal

Overview

Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in 1414 N. Bosworth Avenue (the “Property”), a prime urban infill multifamily investment located in Chicago’s vibrant Wicker Park neighborhood. The ±4,400 square foot building consists of six (6) residential apartments; four (4) 1 Bed / 1 Bath and two (2) 2 Bed / 1 Bath apartments along with two surface parking spaces in the back of the building. The apartments feature modern fixtures, with stainless steel appliances and hardwood floors.

 

The Property’s proximity to an eclectic mix of restaurants, bars, boutique shops, and cultural venues makes it an attractive option for tenants seeking a dynamic urban lifestyle. Wicker Park’s threeway intersection of Ashland Avenue, Division Street, and Milwaukee Avenue is just 0.4 miles from the Property, offering a variety of national and local retailers, including Jewel-Osco and Lowe’s.

 

Positioned just 3 miles northeast of Chicago’s central business district, the Property benefits from its unparalleled connectivity. The Property is a short walk from multiple transit options, offering residents easy access to downtown Chicago, other popular neighborhoods, and key city attractions. The CTA Blue Line station at Division Street is just 0.4 miles way, and CTA bus routes #9, #56, and #70 are within walking distance of the Property. Additionally, the Kennedy Expressway is just 0.3 miles from the Property.

 

The Property features a robust demographic profile, given its location in the affluent Wicker Park submarket, with an average household income of $177,964, a median home value of $711,946, and a population of 52,180 within 1-mile.

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Investment Highlights

⦿ WELL-MAINTAINED, MODERN APARTMENTS

 

⦿ IRREPLACEABLE WICKER PARK LOCATION

 

⦿ DYNAMIC RETAIL CORRIDOR

 

⦿ ACCESSIBILITY AND CONNECTIVITY

 

⦿ STRONG DEMOGRAPHICS

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1414 N Bosworth AveChicago, IL 60642
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