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4636 N Hamilton Ave 6 Unit Apartment Building Offered at $2,700,000 at a 6.53% Cap Rate Chicago, IL 60625
Investment Highlights
- Exceptional 6-Unit Investment Opportunity in the Heart of Lincoln Square
- Fully Gut-Renovated in 2025 with Luxury Apartment Finishes & All New Building Systems
- Premier Location Less Than a Half Mile from the Damen & Western CTA Stations and the Ravenswood Metra
- Desirable Unit Mix Featuring 2 & 3 Bed Simplexes, One 4-Bed Duplex & One 5-Bed Duplex
- Newly Constructed Off-Street Surface Parking Lot with 4 Dedicated Spaces
Executive Summary
4636 North Hamilton Avenue, located in the Lincoln Square neighborhood, is a fully renovated 6-unit apartment building ideally located
on a beautiful tree-lined street in one of Chicago’s most highly sought-after neighborhoods.
Completed in 2025, this gut-renovated property combined modern finishes with thoughtful, spacious layouts to attract today’s renters. The building offers a
desirable unit mix featuring two 2 bed/1 bath apartments, two 3 bed/1 baths, one 4 bed/2 bath duplex and one 5 bed/2 bath duplex, providing an attractive unit mix for
renters.
Each apartment showcases high-end detail including hardwood floors, stainless steel appliances, quartz countertops, sleek tile work in kitchens & bathrooms,
custom closets, decorative fireplaces, in-unit laundry and individual HVAC systems. Residents enjoy access to a common front patio with a grilling area, and four offstreet parking spaces at the rear of the property.
Situated at the northwest corner of Hamilton and Eastwood Avenues, the property offers unbeatable proximity to Lincoln Square’s vibrant retail, dining, and
entertainment along Lincoln and Damen Avenues just two blocks away. Nearby Welles Park and Winnemac Park provide an abundance of outdoor recreation with
baseball fields, playgrounds, tennis and pickleball courts, an indoor pool, and community gardens. Commuters benefit from excellent transportation options,
including the Western and Damen Brown Line stations, the Ravenswood Metra stop, multiple CTA bus routes, and quick access to the Kennedy Expressway (I-90/94).
on a beautiful tree-lined street in one of Chicago’s most highly sought-after neighborhoods.
Completed in 2025, this gut-renovated property combined modern finishes with thoughtful, spacious layouts to attract today’s renters. The building offers a
desirable unit mix featuring two 2 bed/1 bath apartments, two 3 bed/1 baths, one 4 bed/2 bath duplex and one 5 bed/2 bath duplex, providing an attractive unit mix for
renters.
Each apartment showcases high-end detail including hardwood floors, stainless steel appliances, quartz countertops, sleek tile work in kitchens & bathrooms,
custom closets, decorative fireplaces, in-unit laundry and individual HVAC systems. Residents enjoy access to a common front patio with a grilling area, and four offstreet parking spaces at the rear of the property.
Situated at the northwest corner of Hamilton and Eastwood Avenues, the property offers unbeatable proximity to Lincoln Square’s vibrant retail, dining, and
entertainment along Lincoln and Damen Avenues just two blocks away. Nearby Welles Park and Winnemac Park provide an abundance of outdoor recreation with
baseball fields, playgrounds, tennis and pickleball courts, an indoor pool, and community gardens. Commuters benefit from excellent transportation options,
including the Western and Damen Brown Line stations, the Ravenswood Metra stop, multiple CTA bus routes, and quick access to the Kennedy Expressway (I-90/94).
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $2,700,000 | No. Units | 6 |
| Price Per Unit | $450,000 | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 6,202 SF |
| Cap Rate | 6.53% | No. Stories | 3 |
| Gross Rent Multiplier | 10.59 | Year Built/Renovated | 1924/2025 |
| Price | $2,700,000 |
| Price Per Unit | $450,000 |
| Sale Type | Investment |
| Cap Rate | 6.53% |
| Gross Rent Multiplier | 10.59 |
| No. Units | 6 |
| Property Type | Multifamily |
| Building Size | 6,202 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1924/2025 |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Strong public transit
80/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 14-18-112-020-0000 | Improvements Assessment | $86,514 |
| Land Assessment | $40,486 | Total Assessment | $127,000 |
Property Taxes
Parcel Number
14-18-112-020-0000
Land Assessment
$40,486
Improvements Assessment
$86,514
Total Assessment
$127,000
Contacts
-
James Darrow -
Jordan Gottlieb -
Brian Keegan -
Theodore Romas -
Essex Realty Group, LLC
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4636 N Hamilton Ave
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