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Multifamily

Lincoln Park Mews

1810 N Wells St, Chicago, IL 60614

Listing Price: $17,250,000

Cap Rate
5.15%
Number of Units
18
GRM
14.92
Occupancy
98.0%
Price/Unit
$958,333

Investment Overview

Marcus & Millichap is pleased to offer the Lincoln Park Mews, an 18-unit boutique property located across the street from the iconic Lincoln Park in Chicago, Illinois. This newly renovated complex, completed in 2024, represents the epitome of urban living with its luxurious finishes and meticulous design. Lincoln Park Mews is more than a residence; it’s a lifestyle. Situated in one of Chicago’s most
vibrant neighborhoods, it offers unparalleled convenience with easy access to boutique shopping, gourmet dining, cultural experiences, and serene green spaces. This one-of-a-kind property ensures
residents experience the perfect blend of city vibrancy and peaceful retreat.

Community amenities at Lincoln Park Mews include controlled access, video security, trash pickup at curbside, key fob entry, and an elevator for convenience. The property also boasts ample storage
space, a gated and fenced lot, a lushly landscaped secluded courtyard, a picnic area, and a Zen garden. Each apartment is designed with modern comforts, featuring in-unit washer and dryer, air conditioning,
individually-controlled heating, and ceiling fans. Residents will appreciate the additional storage space, double vanities, tub/shower combinations, and a sprinkler system for safety. The kitchens at Lincoln Park Mews are equipped with stainless steel appliances, including a dishwasher, disposal, ice maker, microwave, oven, range, refrigerator, and freezer. The kitchens also feature quartz countertops, italian cabinets, and an eat-in kitchen area. Apartment interiors are further enhanced with hardwood floors, exposed brick, dining rooms, bonus spaces, vaulted ceilings, walk-in closets, double pane windows, and large bedrooms. Outdoor spaces include balconies, patios, and decks, providing additional living space and city views. Lincoln Park Mews offers a refined living experience where modern elegance meets the timeless charm of Lincoln Park. It is a testament to luxury and comfort, providing an unparalleled living environment that transcends expectations.

Investment Highlights

  • Extremely Desirable Old Town/Lincoln Park Location in Heart of Chicago, Illinois
  • Boutique 2024 Full/Gut Rehab - 18 Apartment Units / 16 Enclosed Parking - Excludes Ground Level Retail
  • Ten Units in Original 1908 Structure/Eight Units New Within Original Perimeter Walls of Existing Building
  • Lushly Landscaped Courtyard | Picnic Area | Zen Garden

Exclusively Listed By

  • David B. Tarnoff

    Senior Vice President Investments

    (312) 624-7017

    Email David

    License(s): IL: 471.009921, WI: 50698-94, IN: RB14050851

    Chicago Downtown

Multifamily

Lincoln Park Mews

Listing Price: $17,250,000

Cap Rate
5.15%
Number of Units
18
GRM
14.92
Occupancy
98.0%
Price/Unit
$958,333

Investment Highlights

  • Extremely Desirable Old Town/Lincoln Park Location in Heart of Chicago, Illinois
  • Boutique 2024 Full/Gut Rehab - 18 Apartment Units / 16 Enclosed Parking - Excludes Ground Level Retail
  • Ten Units in Original 1908 Structure/Eight Units New Within Original Perimeter Walls of Existing Building
  • Lushly Landscaped Courtyard | Picnic Area | Zen Garden

Investment Overview

Marcus & Millichap is pleased to offer the Lincoln Park Mews, an 18-unit boutique property located across the street from the iconic Lincoln Park in Chicago, Illinois. This newly renovated complex, completed in 2024, represents the epitome of urban living with its luxurious finishes and meticulous design. Lincoln Park Mews is more than a residence; it’s a lifestyle. Situated in one of Chicago’s most vibrant neighborhoods, it offers unparalleled convenience with easy access to boutique shopping, gourmet dining, cultural experiences, and serene green spaces. This one-of-a-kind property ensures residents experience the perfect blend of city vibrancy and peaceful retreat. Community amenities at Lincoln Park Mews include controlled access, video security, trash pickup at curbside, key fob entry, and an elevator for convenience. The property also boasts ample storage space, a gated and fenced lot, a lushly landscaped secluded courtyard, a picnic area, and a Zen garden. Each apartment is designed with modern comforts, featuring in-unit washer and dryer, air conditioning, individually-controlled heating, and ceiling fans. Residents will appreciate the additional storage space, double vanities, tub/shower combinations, and a sprinkler system for safety. The kitchens at Lincoln Park Mews are equipped with stainless steel appliances, including a dishwasher, disposal, ice maker, microwave, oven, range, refrigerator, and freezer. The kitchens also feature quartz countertops, italian cabinets, and an eat-in kitchen area. Apartment interiors are further enhanced with hardwood floors, exposed brick, dining rooms, bonus spaces, vaulted ceilings, walk-in closets, double pane windows, and large bedrooms. Outdoor spaces include balconies, patios, and decks, providing additional living space and city views. Lincoln Park Mews offers a refined living experience where modern elegance meets the timeless charm of Lincoln Park. It is a testament to luxury and comfort, providing an unparalleled living environment that transcends expectations.

Exclusively Listed By

  • David B. Tarnoff

    Senior Vice President Investments

    (312) 624-7017

    Email David

    License(s): IL: 471.009921, WI: 50698-94, IN: RB14050851

    Chicago Downtown

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