4401-11 N. Hamilton Ave.

Property Overview

Interra Realty has been exclusively engaged to market 4401-11 N. Hamilton Avenue (2114-18 W. Montrose Avenue) for sale. The subject investment property is a rarely available, 27-unit mixed-use building in a prime location in the Ravenswood Neighborhood.

The unit mix is comprised of 24 apartments (12 - studio and 12 - 1 bed) and three commercial spaces. The apartments offer spacious layouts and abundant closet space, making them candidates for reconfiguration. The basement offers high ceilings and a significant amount of raw space, which could allow for duplexing, adding common area amenities, or adding dwelling units with the ADU pilot program.

The property has been pridefully maintained by the Seller for over 50 years and the building envelope and systems have been significantly improved. The parapet wall, chimney, R&D boiler control, gutters, and hot water horizontals, and ~80% of risers are among the recent capital improvements.

Learn more about this transaction here

Highlights

  • First Time for Sale in Over 50 Years
  • Spacious Apartments Ripe for Modernization and Reconfiguration
  • Well Maintained Vintage Details, Building Envelope and Systems
  • High Curb-Appeal Courtyard Building
  • Dynamic Ravenswood Location

Key Details

Transaction Date
2023
Number of Units
Twenty-Seven (27)
Submarket
Ravenswood