Greenstone Partners is pleased to announce the listing of 818 N. Wolcott Avenue, a 20-unit boutique multifamily property located in Chicago’s highly sought-after West Town neighborhood. The Property is listed at $12,000,000, with Jordan Multack, Senior Director at Greenstone Partners, representing ownership in the offering.
Located just off the corner of Wolcott Avenue and Chicago Avenue, the Property offers investors the opportunity to acquire a highly differentiated multifamily asset in one of Chicago’s strongest rental markets.
The Property combines a redeveloped former foundry building with a newly constructed contemporary addition, creating a unique mix of loft-style and modern residences. The original structure features exposed brick, timber beams, and soaring 15-foot ceilings, while the addition delivers clean, modern layouts finished to the same high standard throughout.
“This is truly a trophy multifamily asset,” said Multack. “From the moment you walk the property, it feels more like a luxury boutique hotel than a traditional apartment building. Every detail was thoughtfully executed, and there are very few assets in Chicago that can replicate this combination of architecture, design, parking, and location.”
The unit mix includes one one-bedroom duplex, sixteen two-bedroom / two-bath residences, and three three-bedroom duplex units. Each apartment features hardwood flooring, stainless steel appliances, quartz countertops, oversized kitchen islands, and in-unit laundry. Select residences also include exposed brick, oversized walk-in closets, and private terraces.
The Property also features on-site parking with one-to-one parking availability and a landscaped outdoor courtyard with grills, seating areas, and a beer garden-style gathering space.
Situated steps from the Chicago Avenue retail and restaurant corridor and less than one mile from the Division Blue Line station, the Property provides convenient access to downtown Chicago, Fulton Market, River North, and Wicker Park.
“West Town has become one of the city’s most desirable neighborhoods because of its location and accessibility,” added Multack. “We continue to see strong rent growth and demand from renters looking for high-quality housing close to the city’s major employment and entertainment hubs.”