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818 N Wolcott Ave
Chicago, IL 60622
818 N Wolcott · Immeuble residentiel Propriété À vendre
·
20 Unités


Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- TURNKEY OPPORTUNITY
- DYNAMIC WEST TOWN NEIGHBORHOOD
- NEW CONSTRUCTION + ADAPTIVE REUSE APARTMENTS
- EXCEPTIONAL ACCESS TO PUBLIC TRANSIT
Résumé de l'annonce
Greenstone Partners, as Exclusive Investment Advisor, is pleased to present the opportunity
to acquire the 100% fee-simple interest at 818 N. Wolcott Avenue (the “Property”), a
distinguished 20-unit boutique multifamily asset prominently positioned just northwest of
the corner of Wolcott and Chicago Avenue, in Chicago’s dynamic East Village / West Town
neighborhood. This offering represents a rare opportunity to acquire an architecturally
significant, institutionally maintained asset in one of Chicago’s most sought-after residential
corridors.
The Property is the product of a thoughtful adaptive reuse of an existing foundry building
combined with a purpose-built contemporary three-story addition — creating a distinctly
curated collection of residences that cannot be replicated. The foundry structure delivers
expansive timber loft residences featuring exposed masonry and soaring 15-foot ceilings,
while the modern addition offers sleek, function-forward floorplans finished to the same
premium standard. Together, the two structures provide a diverse and highly marketable
residential units.
The Property offers an attractive unit mix comprising of one (1) 1 Bed / 1.5 Bath duplex unit,
sixteen (16) 2 Bed / 2 Bath units, and (3) 3 Bed / 3.5 Bath duplex residences. Each unit
is finished to a premium standard featuring hardwood flooring, stainless steel appliances,
quartz countertops, large kitchen islands, and in-unit laundry. Select residences offer
additional features including exposed brick, oversized walk-in closets, and private terraces.
Parking is available on-site, and the Property features an amenitized outdoor courtyard with
a beer garden-style gathering area, grills, and outdoor furniture.
Situated steps from the Chicago Avenue dining and retail corridor and 0.9 miles from the
Division Blue Line, 818 N. Wolcott Avenue offers residents unmatched walkability and transit
connectivity within minutes of downtown Chicago. The surrounding East Village submarket
is defined by consistent rental demand, low vacancy, and a concentration of Chicago’s most
established dining, retail, and entertainment destinations.
With a one-of-a-kind architectural identity, premium finishes, and a location at the heart of
West Town, 818 N. Wolcott Avenue is purpose-built for durable occupancy and long-term
value retention. This offering is ideally suited for an investor seeking stable, institutionally
positioned cash flow and lasting value creation in one of Chicago’s most competitive
submarkets.
to acquire the 100% fee-simple interest at 818 N. Wolcott Avenue (the “Property”), a
distinguished 20-unit boutique multifamily asset prominently positioned just northwest of
the corner of Wolcott and Chicago Avenue, in Chicago’s dynamic East Village / West Town
neighborhood. This offering represents a rare opportunity to acquire an architecturally
significant, institutionally maintained asset in one of Chicago’s most sought-after residential
corridors.
The Property is the product of a thoughtful adaptive reuse of an existing foundry building
combined with a purpose-built contemporary three-story addition — creating a distinctly
curated collection of residences that cannot be replicated. The foundry structure delivers
expansive timber loft residences featuring exposed masonry and soaring 15-foot ceilings,
while the modern addition offers sleek, function-forward floorplans finished to the same
premium standard. Together, the two structures provide a diverse and highly marketable
residential units.
The Property offers an attractive unit mix comprising of one (1) 1 Bed / 1.5 Bath duplex unit,
sixteen (16) 2 Bed / 2 Bath units, and (3) 3 Bed / 3.5 Bath duplex residences. Each unit
is finished to a premium standard featuring hardwood flooring, stainless steel appliances,
quartz countertops, large kitchen islands, and in-unit laundry. Select residences offer
additional features including exposed brick, oversized walk-in closets, and private terraces.
Parking is available on-site, and the Property features an amenitized outdoor courtyard with
a beer garden-style gathering area, grills, and outdoor furniture.
Situated steps from the Chicago Avenue dining and retail corridor and 0.9 miles from the
Division Blue Line, 818 N. Wolcott Avenue offers residents unmatched walkability and transit
connectivity within minutes of downtown Chicago. The surrounding East Village submarket
is defined by consistent rental demand, low vacancy, and a concentration of Chicago’s most
established dining, retail, and entertainment destinations.
With a one-of-a-kind architectural identity, premium finishes, and a location at the heart of
West Town, 818 N. Wolcott Avenue is purpose-built for durable occupancy and long-term
value retention. This offering is ideally suited for an investor seeking stable, institutionally
positioned cash flow and lasting value creation in one of Chicago’s most competitive
submarkets.
Faits sur la propriété
| Prix par unité | 833 520 $ CAD | Classe d’immeuble | B |
| Type de vente | Investissement | Taille du lot | 0,44 AC |
| Taux de capitalisation | 5,88% | Taille du bâtiment | 22 512 pi² |
| Multiplicateur du loyer brut | 12.38 | Occupation moyenne | 100% |
| Nombre d’unités | 20 | Nombre d’étages | 3 |
| Type de propriété | Immeuble residentiel | Année de construction | 2023 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 0,89/1 000 pi² |
| Style d’appartement | De faible hauteur | ||
| Zonage | RT-4 | ||
| Prix par unité | 833 520 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 5,88% |
| Multiplicateur du loyer brut | 12.38 |
| Nombre d’unités | 20 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | B |
| Taille du lot | 0,44 AC |
| Taille du bâtiment | 22 512 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 3 |
| Année de construction | 2023 |
| Ratio de stationnement | 0,89/1 000 pi² |
| Zonage | RT-4 |
Commodités
Commodités des unités
- Climatisation
- Chauffage
- Cuisine
- Fourchette
- Bain/Douche
Commodités du site
- Accès 24 heures
- Accès contrôlé
- Cour
- Espace de pique-nique
- CVCA contrôlé par le locataire
- Grill
- Recyclage
- Entreposage de vélo
- Entrée par clef intelligente
- Détecteur de fumée
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 3+3.5 | 3 | - | 1 842 - 1 885 |
| 1+1.5 | 1 | - | 1 102 - 1 885 |
| 2+2 | 9 | - | 918 - 1 885 |
| 2+2 | 7 | - | 1 088 |
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 334 023 $ CAD | |
| Évaluation du terrain | 230 129 $ CAD | Évaluation totale | 564 153 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
230 129 $ CAD
Évaluation des bâtiments
334 023 $ CAD
Évaluation totale
564 153 $ CAD
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