Property Overview

Interra Realty has been exclusively engaged to market 1607 W. LeMoyne for sale. The subject opportunity is a four-unit mixed-use, new construction property, built brand new in 2020, located in Chicago's Wicker Park Neighborhood on the corner of LeMoyne & Ashland. The three apartments consist of spacious (appx. 1,200 SF)two bedrooms-two bathrooms layouts. Each condo-quality unit features new hardwood floors, Italian kitchens with stainless steel appliances, and new porcelain bathrooms. Additionally, each apartment has individual HVAC units and individual hot-water heaters and spacious private outdoor decking.

The retail space has taken on a high-end buildout and is currently occupied by a hair salon that has a 5-year lease with an additional 5-year option.

Current ownership built this stunning property from the ground up in 2020 . The property features new everything, including building systems: plumbing and electric. Additionally, each apartment has its own personal outdoor space. The building also has garage parking, a rarity in the neighborhood, which parks three (3) cars.

The attached subject opportunity allows a new owner to step into an income-producing asset that is both well-located, impressively constructed, and completely stabilized.

Matterport Link for Virtual Walkthrough: https://my.matterport.com/show/?m=evZcLoMeuwc&

Highlights

  • Dynamic Wicker Park Location
  • Private Outdoor Space For Each Unit (Appx. 1,800 SF in Total)
  • Rare, Indoor Garage Parking On-Site
  • Newly Constructed Building with High-End Modern Finishes(2020)

Key Details

Sale Price
$1,950,000