• Brick and terracotta building from street view. Sign across the facade in gold lettering stating

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  • Brick and terracotta building from straight on street view. Sign across the facade in gold lettering stating

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  • Remodeled kitchen with white and wood cabinets, marble counters and stainless steel appliances. Large window letting in light from the right

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  • Remodeled bathroom with white shower tiles, marble counter tops and a large mirror

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  • Remodeled bathroom with emerald green shower tiles, marble counter tops and a large mirror

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  • Bedroom with large bed made with grey and yellow sheets. Window letting in light with ceiling length curtains

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  • remodeled apartment in Lincoln Park, with washer-dryer and hallway console table.

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  • Open apartment living room and kitchen with sectional sofa, wooden coffee table and large windows with floor to ceiling curtains. Marble kitchen counters, wooden cabinets, and stainless steel appliances.

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  • Open apartment living room and kitchen with sectional sofa, wooden coffee table and large windows with floor to ceiling curtains. Marble kitchen counters, wooden cabinets, and stainless steel appliances.

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  • Outdoor deck space off of apartment in Lincoln Park Chicago

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Mixed use building that experienced a tragic fire in Q4 2023. This is an opportunity to restore an iconic tavern to its vibrancy while bringing 12 luxury residential units back online to one of Chicago’s highest rent areas.

North Lincoln

lincoln park mixed use

DATE PURCHASED: DECEMEBER 2024

PURCHASE PRICE: 2.5M

TOTAL PROJECT BUDGET: 5.59M

UNITS: 12 + TAVERN SPACE

DEAL LEVEL RETURN : 30% IRR + 2.2 EQM