Essex Realty Group, Inc. has been exclusively engaged to market for sale 1748 N. Kedvale Ave., a 3-unit apartment property in an excellent pocket of Hermosa. This property has been owned by a family of trade professionals for more than 22 years, providing investors with an opportunity to acquire an extremely well-cared-for asset.
The Subject Property consists of one (1) 2 Bed/1 Bath Owner's unit, one (1) 3 Bed/1 Bath unit, and one (1) 2 Bed/1 Bath Garden unit. Each unit features hardwood floors, granite or laminate countertops, stainless steel or black and white appliances, central heat and air-conditioning, and access to a private well-manicured backyard. The property includes a two (2) car garage with additional space for storage and a common laundry room. The property will be delivered vacant at the time of sale and can be rented as-is. It may also be an ideal candidate for a live-in owner to generate additional income on the remaining units or to support other family members.
The building is conveniently situated less than a mile east of the Grand/Cicero Metra Station, servicing the Milwaukee District West Line, and less than a mile west of the nearest access point to "The 606" - a famous walking, biking, running and walking trail connecting some of Chicago's best parks. These, along with many nearby bus stops provide great transportation options for tenants working essentially anywhere in the city. The property is also within walking distance to both Armitage Ave. and Fullerton Ave. - two main thoroughfares that run through the middle of the Hermosa community and that are full of local restaurants, bars & grocery options.
Neighborhood life in Hermosa is anchored by Hermosa Park on North Kilbourn Ave. near the northern edge of the community. Residents frequent the tennis courts, jogging paths, walking trails, and the park’s fieldhouse which hosts various recreational activities. The majority of the local population resides along quiet, tree-lined streets that primarily consist of single-family homes. Hermosa's housing market also extends to the busier main streets where vintage lofts and apartments are situated above commercial businesses. Residents enjoy popular dining & entertainment attractions in its neighboring community of Logan Square, located only a few blocks east.
The Subject Property is located on the west side of Kedvale Ave. just north of North Ave. 1748 N. Kedvale is only a couple of blocks from Armitage Ave. and less than a mile from Fullerton Ave., two main thoroughfares that run through the middle of the Hermosa community and that are full of local restaurants, bars & grocery options. The property is also conveniently located less than a mile east of the Grand/Cicero Metra Station, servicing the Milwaukee District West Line, and less than a mile west from the nearest access point to "The 606" - a famous walking, biking, running and walking trail connecting some of Chicago's best parks. These, along with many nearby bus stops provide great transportation options for tenants working essentially anywhere in the city.
- Extremely Well-Maintained Asset
- Ideal for Owner-Occupant or Traditional Investor
- Two (2) Car Garage with Lots of Additional Storage and Private Yard
- Walking distance to The 606 and Grand/Cicero Metra
- Units Delivered Vacant