5614 W Grand Ave

Situated on the northwest side of Chicago, approximately 8 miles from the Loop, Belmont Cragin is a diverse and vibrant neighborhood known for its strong sense of community and rich cultural tapestry. Bordered by the neighborhoods of Portage Park and Hermosa, Belmont Cragin showcases a mix of well-maintained bungalows, brick two-flats, and charming single-family homes that reflect its historical roots. The area is home to a variety of locally-owned businesses, offering everything from authentic Mexican and Polish cuisine to unique retail shops and services. Belmont Cragin is also known for its numerous parks and recreational facilities, providing ample green spaces for residents to enjoy. The neighborhood is well-served by public transportation, with several CTA bus routes and nearby Metra stations ensuring easy connectivity to downtown Chicago and surrounding areas. Belmont Cragin's blend of cultural diversity, community spirit, and convenient amenities makes it a welcoming and dynamic neighborhood to explore and reside in.Essex Three- Twelve has been exclusively engaged to market for sale 5612-18 W. Grand, three adjacent 3-unit new construction apartment buildings located in Chicago’s Belmont Cragin neighborhood in a CHA Mobility Area. Completed in 2022, each building consists of three 3BD/2Ba units with luxury finishes, individual HVAC, and in-unit laundry. The apartments layout favorably with open floor plans and a large primary bedroom/bath. Units feature a dedicated parking space, private balcony or patio, storage, and individual water tanks. This is an opportunity to buy a newly-constructed, well-designed and highly amenitized asset that is among the nicest product in a still affordable submarket. Achieve stability and rent upside with professional management and leasing. The properties are situated northwest of downtown Chicago near Hanson Park in the Belmont Cragin Neighborhood. This quiet area is primarily residential and light industrial uses. The subject property is 1 block from the Metra Hanson Park station and near CTA bus routes.