1246 N Artesian Ave
Chicago, IL 60622
$2,700,000
Price
Sq. Ft.
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Request the Offering Memorandum for 1246 N Artesian Ave, Chicago IL 60622

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Executive Summary

CRER is proud to exclusively present 1246 N Artesian Ave, a fully gut-renovated 8-unit multifamily asset located in the heart of Chicago’s premier West Town neighborhood. This turnkey building features a highly desirable unit mix of predominantly 2-bedroom apartments, each outfitted with modern finishes, updated layouts, and secure digital entry systems, all set on a quiet, tree-lined street.

The property has undergone a comprehensive, top-to-bottom renovation, delivering a truly stabilized asset with immediate in-place cash flow and minimal capital expenditure requirements. Investors benefit from a low-maintenance building with strong operating fundamentals and long-term durability.

Strategically positioned just off the bustling Division Street corridor, the asset is surrounded by some of the city’s best dining, nightlife, and boutique retail, while offering seamless access to public transportation. This prime location continues to drive consistent tenant demand and strong rental performance.

Opportunities to acquire a fully renovated, income-producing asset of this caliber in West Town are exceedingly rare. 1246 N Artesian Ave offers investors a compelling blend of stability, location, and long-term upside in one of Chicago’s most sought-after rental markets.

Property Location

Chicago » 60622 » 1246 N Artesian Ave

Property Details

Status Active
Property Type Multifamily
Price $2,700,000
Residential Unit Mix 8

Broker Contact

Ian Luscombe

Mobile: (312) 477-9181

Office: (773) 327-9300

Email: IanL@crer.com

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