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Listed by Niko Apostalof Essex 312, LLC
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Est. payment | /mo
4,827 SqFt
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Est. payment | /mo
4,827 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 4,827 sqft
MLS Listing ID 12774904
Year Built 1887
Annual Tax Amount $28,116
Tax Year 2025
Lot Dimensions 24 X 80
Property Sub-Type Multi Family 5+
Property Description
Exclusively engaged to market for sale 1852 W. Wabansia Ave., a six-unit apartment building in the heart of Bucktown, one of Chicago's most sought-after neighborhoods. Ideally situated just steps from the 606 Bloomingdale Trail and the iconic six-way intersection of Milwaukee, North, and Damen Avenues, the property offers residents exceptional access to Bucktown and Wicker Park's renowned restaurants, bars, nightlife, retail, and entertainment. The property is also conveniently located just 0.3 miles from the Damen & Milwaukee/North CTA Blue Line Station, and only 0.6 miles from the Kennedy Expressway, providing excellent transit and regional accessibility. Beyond its location, the building offers rare diversification, with six distinct unit types: one (1) studio, one (1) 1 Bed/1 Bath, one (1) 1 Bed/2 Bath duplex-down, one (1) 2 Bed/2 Bath duplex-down, one (1) 2 Bed/2 Bath duplex-up, and one (1) 3 Bed/2 Bath duplex-up. This mix appeals to a broad range of renters and reduces reliance on any one segment of the rental market, a level of diversification rarely found in a six-unit property. Every unit has in-unit laundry, and tenants pay their own gas and electricity. The well-maintained units offer a straightforward mark-to-market opportunity and strong income upside potential. The full Offering Memorandum, including the rent roll and operating statement, is available upon request.
Location
State IL
County Cook
Interior
Cooling Central Individual
Fireplace Y
Exterior
View Y/N true
Roof Type Composition,Membrane
Building
Structure Type Brick
Others
HOA Fee Include None
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