ON MARKET – MULTI-FAMILY
2014-2018 North Keystone Avenue Chicago, IL 60639
NEIGHBORHOOD
Hermosa
PRICE
$1,699,000
NUMBER OF UNITS
11
CAP RATE
7.37%
PROPERTY LISTED

Essex Realty Group, Inc. has been exclusively engaged to market for sale, 2014-2018 North Keystone Avenue, located in Chicago's Hermosa neighborhood. The neighboring brick buildings form a small courtyard and include 11 total apartments, 2 of which are non-conforming. The majority of the units are 2 bed/1 baths, with one studio apartment. The units have all been recently renovated and feature hardwood floors, stainless steel appliances, granite countertops, central HVAC and share on-site laundry. The non-conforming units feature older kitchens.

The property is situated on the west side of Keystone Avenue just north of Armitage Avenue, and is conveniently located a 1/2 mile south of the Healy Metra Station servicing the Milwaukee District North line. Surrounding the property are several bus stops and Divvy stations, providing tenants with quick access to public transportation. 2014-2018 N Keystone sits in a prime location in Hermosa as the property is close to the popular Hermosa Park, and is only blocks from its neighboring Logan Square community, providing an endless stream of restaurants, bars and entertainment options.

LOCATION DETAILS

Neighborhood life in Hermosa is anchored by Hermosa Park on North Kilbourn Avenue 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 Hermosa's population reside 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 property is located on the west side of Keystone Avenue just north of Armitage Avenue, in Chicago’s Hermosa neighborhood. 2014-2018 N Keystone is from Fullerton Avenue, a street full of local restaurants, bars & shopping options. The property is conveniently located just ½ mile south of the Healy Metra Station, servicing the Milwaukee District North Line. Along with multiple bus stops and Divvy Stations, this provides tenants with great public transportation options.

HIGHLIGHTS
  • Two Building Portfolio in the Hermosa Neighborhood
  • Spacious 2 Bed/1 Bath Apartments + 1 Studio
  • Updated Units with Stainless Steel Appliances, Granite Counters & Central HVAC
  • Located 1/2 Mile South of the Healy Metra Station
LISTING BROKERS
Jordan Multack
Director
773.305.4884
Jim Darrow
Principal
773.305.4920
Jordan Gottlieb
Principal
773.305.4922