The Maynard at 3348 West Wilson 3348-3354 W Wilson Ave 32 Unit Apartment Building $10,186,322 CAD ($318,323 CAD/Unit) Chicago, IL 60625

Essex Realty Group, LLC has been exclusively engaged to market Wilson Manor, a 33-unit multifamily property located at 3348 W. Wilson Ave. in Chicago’s Albany Park neighborhood. Gut-renovated in 2008, Wilson Manor retains a long-term tenant base and offers fully updated interiors, including granite countertops, hardwood floors, central heating and air conditioning, in-unit laundry, and spacious floor plans throughout. The well-maintained property features a highly desirable unit mix, primarily consisting of 2-bedroom apartments, along with several larger 3- and 4-bedroom duplex units. Building improvements include copper plumbing, new electrical service, and wiring.
LONG-TERM ASSUMABLE DEBT AVAILABLE @ 3.19%
A significant component of the investment is the attractive assumable financing in place through KeyBank/Fannie Mae. The loan carries a below-market fixed interest rate of 3.19% with a remaining term through December 2032, including an interest-only period through December 2030. This structure provides investors with strong in-place cash flow, with principal and interest payments commencing in January 2031.
Located one block from the Kimball CTA Brown Line, Wilson Manor offers excellent access to public transportation and connectivity throughout Chicago. Situated in Albany Park, a diverse and high-demand rental neighborhood, the property benefits from strong fundamentals and ongoing investment in the area. Wilson Manor presents investors with a fully renovated, transit-oriented asset featuring stable income, rental upside, and attractive assumable debt.