Essex Realty Group, Inc. and Domus Group are pleased to present 832-836 West Erie Street, a twenty unit apartment building located in Chicago's River West Neighborhood. The property consists of a sixteen unit building facing Erie Street plus a four unit building facing Green Street in the rear. The unit mix is comprised of twelve 2 bedrooms and eight 3 bedrooms. There are five duplex units total, all five are on the first level and duplex down into the basement. Each apartment unit has luxury finishes including stainless steel appliances, quartz countertops, custom Italian cabinetry, wide plank hardwood floors, in-unit laundry, plus balconies. Additionally, the penthouse units feature rooftop decks with city views. The property includes both garage and outdoor parking.
The property is situated on the northwest corner of North Green and West Erie, and conveniently located within 6 minutes walking distance from the Grand L Station which services the Blue Line.
The neighborhood of River West is rapidly growing as people continue to move to the downtown area. Its close proximity to several popular neighborhoods including - River North, The West Loop, Wicker Park, Little Italy, Greektown and the Loop make it a prime location for many tenants.
- 20 Apartment Units in Great River West Location
- Multiple Offers Received
- Closed at 5.16% Current Cap Rate
- Closing Price Exceeded $500,000 Per Unit
- Close Proximity to Grand L Station (Blue Line)
- Large Apartment Units with Luxury Finishes
- Apartment Units Feature Balconies while the Penthouse Units have Private Rooftop Decks with City Views
- Garage and Surface Lot Parking Spaces