Property Overview
Interra Realty has been exclusively engaged to market Low-Line Commons, 3431-49 N. Ashland Avenue, for sale. The subject investment property is a 2024 construction, 95-unit multifamily property in the Lakeview Neighborhood of Chicago’s northside.
The property is ideally positioned between Southport Corridor and a prime stretch of West Lakeview that is anchored by a Brown Line Train Stop. Residents are also steps from Whole Foods, multiple health clubs, and countless dining, shopping, and entertainment amenities.
Low-Line Commons offers tenants an unbeatable living experience. The property lives like a boutique property with less density than a high-rise product, while offering an uncompromising set of common area amenities. Each building has a resident lounge / co-working space, fitness center, storage lockers,
and bike storage. 3449 N. Ashland features a pickleball court as well as a best-in-class rooftop deck.
The property features an attractive unit mix with an average unit size of over 900 SF. Almost 70% of the units are 2+ bedrooms and 2+ bathrooms. Many of the larger format units were leased outside the peak rental season, leaving upside for a new investor.
Highlights
- Luxurious Apartments with Generous Floorplans
- Dynamic Lakeview Location Near Southport Corridor
- Uncompromising Common Area Amenities
- Rooftop Deck with Striking City Views
- Attractive Parking Ratio