The Maynard at 4014 North Central Park _Propriété à vendre
The Maynard at 4014 North Central Park _Propriété à vendre

The Maynard at 4014 North Central Park

4014 North Central Park Avenue, Chicago, IL, 60618, US

Description de l'actif

Jones Lang LaSalle Americas (Illinois), L.P. (“JLL”) is pleased to present The Maynard at 4014, an exceptional 31-unit courtyard property nestled in Chicago’s vibrant Irving Park neighborhood.


This charming courtyard building includes an attractive mix of 1, 2, and 3-bedroom units, with an average 865 SF floorplan. The apartments feature condo quality interiors including stainless steel appliances, granite countertops, and hardwood floors. Additional sought-after unit amenities include central HVAC, in-home laundry, and private balconies. Residents also enjoy access to a double-wide, gated courtyard with professional landscaping and lighting.


Irving Park’s prime location on Chicago’s northside offers an ideal live-work-play environment. The properties proximity to the Irving Park Blue Line L Station and local bus route 77 provide easy access to Chicago’s downtown loop. Nearby Lincoln Square offers residents a wealth of dining and retail options.


The Maynard at 4014 offers investors an outstanding opportunity to acquire a stellar courtyard building with modern interiors in one of Chicago’s most desirable northside neighborhoods.


This unbeatable opportunity is available on either a free and clear basis or with accretive assumable financing: (3.56% Rate, $4,644,047 Balance, 178 Months Term Remaining).

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Attributs

Année de construction
1926
Année de rénovation
2018
Nombre d'unités
31
Occupation
100 %
Superficie locative
2 491 mètres carrés

Média

Points forts de l'investissement

Dynamic Live, Work, Play Location

• Easy Access to Chicago’s Top Employers through Nearby Public Transportation

• “A” Neighborhood per Niche.com

• Proximity to Lincoln Square’s dining and retail demand drivers

• Less than 1 mile from Elston Plaza Mall, which features Jewel, Home Depot, Chipotle, and numerous other retailers.

• Top Rated Nearby Schools including Lane Tech ideal for families


Trophy Neighborhood Courtyard Building

• Charming double-wide, vintage courtyard building with modern interiors

• Desirable unit mix of 1, 2, and 3 bedroom units, with an average 865 SF floorplan

• Condo quality interiors showcasing stainless steel appliances, granite countertops, and hardwood flooring

• In-demand unit amenities featuring, central HVAC, in-home laundry, and private balconies

• Gated courtyard entry with professional landscaping and lighting


Strong Property and Chicago Fundamentals

• 7% Trade Outs on Renewal Leases, 5.1% Trade Outs on New Leases

• 95%+ Avg Occupancy Across the Trailing 12

• Strong Rent to Income Ratios 21% within a 0.5 MI Radius

• Low new supply ~1% of Chicago’s Inventory is Under Construction

• Chicago Leads the Nation in Rent Growth (3.1%)

The Maynard at 4014 North Central Park  4_Propriété à vendre
The Maynard at 4014 North Central Park  4_Propriété à vendre

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Dernière mise à jour
18 févr. 2025