Wicker Park 4-Unit Condo Package

Investment Overview

A premier bulk sale opportunity to acquire the entire top floor of a new, circa 2025, boutique condominium building in the heart of Wicker Park. Located at 1355 N Western Avenue, this offering includes four (4) exceptionally designed penthouse units, delivering an immediate, high-yield investment footprint in one of Chicago’s most resilient and high-demand neighborhoods. Chicago’s luxury apartment market is experiencing unprecedented momentum, with rapidly rising rents driven by sustained demand for premium multifamily spaces and a tightening supply of new construction. This portfolio allows investors to capitalize on maximum rental premiums from day one. By controlling the entire penthouse floor of this exclusive 12-unit elevator building, a buyer secures a rare asset class that commands a structural advantage in a high-barrier-to-entry market. Each of the four penthouse units is designed with a bright corner layout featuring 2 bedrooms and 2 bathrooms: • Exclusive Outdoor Space: Every residence includes access to an expansive shared rooftop terrace, featuring a private, designated section allocated specifically to each home—a premium amenity that maximizes tenant retention and rental value. • Elevated Interiors: Thoughtfully crafted for modern living, the units showcase wide-plank flooring, custom kitchens with quartz countertops, premium finishes, and spa-inspired bathrooms. • Optimized Layouts: Generous, open-concept floor plans are flooded with natural light, creating an inviting and highly marketable living space. Perfectly situated just steps from the renowned dining, boutique shopping, and vibrant nightlife along Division Street and Milwaukee Avenue. This transit-oriented location provides seamless access to downtown Chicago, making it a perennial favorite for top-tier professionals. Acquire new construction stability, capitalize on escalating market rents, and secure a generational Wicker Park asset.

Investment Highlights

• Attractive new masonry construction with enduring architectural character
• Individually metered units
• Spacious units featuring high ceilings and abundant natural light
• Controlled entry system enhances resident security
• Efficient new HVAC in each unit
• Strong area apartment demand offers immediate cash flow potential
• Attractive unit mix suited for diverse tenant base
• Strong rent growth potential from area appreciation
• Individual Demised Tenant Rooftop Areas