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1414 N Bosworth Ave
Chicago, IL 60642
Multifamily Property For Sale
·
6 Units


Executive Summary
Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in 1414 N Bosworth Ave (the “Property” or “Investment”), a prime urban infill multifamily investment located in Chicago’s vibrant Wicker Park neighborhood. The 4,400 square foot building consists of six residential apartments: four 1 Bed / 1 Bath and two 2 Bed / 1 Bath apartments along with two surface parking spaces in the back of the building. The apartments feature modern fixtures, with stainless steel appliances and hardwood floors.
The Property’s proximity to an eclectic mix of restaurants, bars, boutique shops, and cultural venues makes it an attractive option for tenants seeking a dynamic urban lifestyle. Wicker Park’s three-way intersection of Ashland Avenue, Division Street, and Milwaukee Avenue is just 0.4 miles from the Property, offering a variety of national and local retailers, including Jewel-Osco and Lowe’s.
Positioned just 3 miles northeast of Chicago’s central business district, the Property benefits from its unparalleled connectivity. The Property is a short walk from multiple transit options, offering residents easy access to downtown Chicago, other popular neighborhoods, and key city attractions. The CTA Blue Line station at Division Street is just 0.4 miles way, and CTA bus routes #9, #56, and #70 are within walking distance of the Property. Additionally, the Kennedy Expressway is just 0.3 miles from the Property.
The Property features a robust demographic profile, given its location in the affluent Wicker Park submarket, with an average household income of $177,964, a median home value of $711,946, and a population of 52,180 within 1 mile.
The Property’s proximity to an eclectic mix of restaurants, bars, boutique shops, and cultural venues makes it an attractive option for tenants seeking a dynamic urban lifestyle. Wicker Park’s three-way intersection of Ashland Avenue, Division Street, and Milwaukee Avenue is just 0.4 miles from the Property, offering a variety of national and local retailers, including Jewel-Osco and Lowe’s.
Positioned just 3 miles northeast of Chicago’s central business district, the Property benefits from its unparalleled connectivity. The Property is a short walk from multiple transit options, offering residents easy access to downtown Chicago, other popular neighborhoods, and key city attractions. The CTA Blue Line station at Division Street is just 0.4 miles way, and CTA bus routes #9, #56, and #70 are within walking distance of the Property. Additionally, the Kennedy Expressway is just 0.3 miles from the Property.
The Property features a robust demographic profile, given its location in the affluent Wicker Park submarket, with an average household income of $177,964, a median home value of $711,946, and a population of 52,180 within 1 mile.
Property Facts
| Price Per Unit | $275,000 | Building Class | C |
| Sale Type | Investment | Building Size | 4,400 SF |
| Cap Rate | 6.14% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1892 |
| Property Subtype | Apartment | Parking Ratio | 0.45/1,000 SF |
| Price Per Unit | $275,000 |
| Sale Type | Investment |
| Cap Rate | 6.14% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 4,400 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1892 |
| Parking Ratio | 0.45/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 43 | - | - |
Property Taxes
| Parcel Number | 17-05-107-038-0000 | Improvements Assessment | $68,374 |
| Land Assessment | $22,350 | Total Assessment | $90,724 |
Property Taxes
Parcel Number
17-05-107-038-0000
Land Assessment
$22,350
Improvements Assessment
$68,374
Total Assessment
$90,724
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