Essex Three-Twelve Lists $2.5M Trophy Asset in Prime Lincoln Square
CHICAGO, ILLINOIS– Chicago-based multifamily brokerage firm Essex Three-Twelve, LLC announced it has been exclusively engaged to market for sale 4363 N. Lincoln Ave, a 5-unit mixed-use building featuring one commercial space and 4 apartments located in the heart of Chicago’s Lincoln Square neighborhood.
The building is anchored by L&M Deli, a neighborhood staple serving deli sandwiches, high-end groceries, as well as beer, wine, and liquor. It features four large apartments: (1) three bed / one bath unit and (3) two bed / one bath units.
The building underwent significant renovation in 2007 including the replacement of all copper water lines, all electric, a new main water line, a new sewer line, new windows, new HVAC, and the cosmetic renovation of all units. The apartments all have central air conditioning with clean, rental quality finishes (hardwood floors, laminate counter tops, and entry level appliances), and access to community laundry.
“Ownership has put an incredible amount of care and attention into this building. It’s a prominent corner of Lincoln Square recognized by everyone in the community, and they hope a new buyer will take that same level of care and stewardship during their ownership”, says Director of Essex Three-Twelve Garrett Leigh.