1810-1820 N Wells St - Apartments FOR SALE


Chicago, IL 60614- Lincoln Park
$17,250,000 USD
847-212-4589
1810-1820 N Wells St, Chicago, IL for Sale
$17,250,000 USD
Apartments - FOR SALE
1/12
null | 5.15% Cap Rate

1810-1820 N Wells St
Chicago, IL 60614
Lincoln Park


HIGHLIGHTS

  • 18 - unit boutique apt. bldg in heart of Lincoln Park area of Chicago, IL
  • Complete renovation 2024 - 100% occupied at $4,23 psf occupied rents
  • Class A amendities and design - unique floor plans - loft style with exposed brick
  • Chicagos's most vibrant area - 1,200 acrea park, lakefront, shopping, gourment dining and cultural institutions
  • Verticle subdivison above 6,001 sf retail - available but not included - see listing agennt for details

OVERVIEW

Marcus & Millichap is pleased to offer the Lincoln Park Mews, an 18-unit boutique property located across the street from the iconic Lincoln Park in Chicago, Illinois. This newly renovated complex, completed in 2024, represents the epitome of urban living with its luxurious finishes and meticulous design. Lincoln Park Mews is more than a residence; it’s a lifestyle. Situated in one of Chicago’s most vibrant neighborhoods, it offers unparalleled convenience with easy access to boutique shopping, gourmet dining, cultural experiences, and serene green spaces. This one-of-a-kind property ensures residents experience the perfect blend of city vibrancy and peaceful retreat. Community amenities at Lincoln Park Mews include controlled access, video security, trash pickup at curbside, key fob entry, and an elevator for convenience. The property also boasts ample storage space, a gated and fenced lot, a lushly landscaped secluded courtyard, a picnic area, and a Zen garden. Each apartment is designed with modern comforts, featuring in-unit washer and dryer, air conditioning, individually-controlled heating, and ceiling fans. Residents will appreciate the additional storage space, double vanities, tub/shower combinations, and a sprinkler system for safety. The kitchens at Lincoln Park Mews are equipped with stainless steel appliances, including a dishwasher, disposal, ice maker, microwave, oven, range, refrigerator, and freezer. The kitchens also feature quartz countertops, italian cabinets, and an eat-in kitchen area. Apartment interiors are further enhanced with hardwood floors, exposed brick, dining rooms, bonus spaces, vaulted ceilings, walk-in closets, double pane windows, and large bedrooms. Outdoor spaces include balconies, patios, and decks, providing additional living space and city views. Lincoln Park Mews offers a refined living experience where modern elegance meets the timeless charm of Lincoln Park. It is a testament to luxury and comfort, providing an unparalleled living environment that transcends expectations.

FOR SALE DETAILS

PRICE

$17,250,000 USD

PRICE/SF

$758 USD /SF

# OF UNITS

18

PRICE/UNIT

$958,333

CAP RATE

5.15%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lincoln Park Mews

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1908

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

B2-2

APN/PARCEL ID

14-33-408-027-0000

ASK ABOUT THIS PROPERTY

David TarnoffMarcus & MillichapMore Info
847-212-4589

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

David TarnoffMarcus & MillichapMore Info
847-212-4589

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.