Property Overview

Interra Realty has been exclusively engaged to market 2325 W. North Avenue, Chicago, for sale. The subject investment property is a renovated mixed-use asset in a strong location in the Wicker Park Neighborhood. The property is comprised of four apartments over 3,200 SF of street-level and basement-level retail. The property also includes a two car garage, a rare and valuable amenity in the submarket. The property was recently renovated with new building systems and unit finishes.

The apartments are all spacious, three bedroom apartments, three of which have two full bathrooms. All units feature modern finishes, in-unit laundry, and individual HVAC and hot water heaters.

The street and basement level retail is leased to a medical group practice, Balanced Flow Wellness, that specializes in physical medicine and rehabilitation.

Balance Flow has over nine years of term left with an additional 5 year option.

Highlights

  • Renovated Mixed-Use Property in Dynamic Wicker Park Location
  • Modern Apartment Finishes, In-Unit Laundry, and Individual HVAC
  • Recently Executed Lease with Physical Therapy Tenant for First Floor and Basement
  • Income Generating Two Car Garage

Key Details

Sale Price
$2,325,000
Number of UNits
Five (5)
Submarket
Wicker Park