Executive Summary
The rarity of this boutique apartment building in Chicago’s prestigious Gold Coast presents a unique opportunity. Few buildings of similar size exist in such a prime location, and they seldom come to market. This is an opportunity to acquire a legacy building. Just a 5-minute walk to the Magnificent Mile, Rush Street, Oak Street, and the Chicago Ave Red Line, and a 15-minute walk to Oak Street Beach, this location is unbeatable. Featuring 10-foot ceilings and bay windows with views of tree-lined Chestnut Street, this building exudes hard-to-find old-world charm. The well-maintained 8-unit property, complete with 4 exterior parking spaces, offers value-add investors the chance to enhance its value by modernizing the units. Situated on a 4,082 sq ft lot