2038 N Kostner Ave

Located in Chicago's Hermosa neighborhood, 2038 N. Kostner Ave offers residents convenient access to a vibrant, steadily growing community on the city's Northwest Side. The property is just minutes from neighborhood parks, local restaurants, grocery stores, and everyday conveniences along Armitage Avenue, Fullerton Avenue, and Pulaski Road. Commuters benefit from easy connectivity to the CTA Blue Line, multiple bus routes, and Interstate 90/94, providing direct access to Downtown Chicago and surrounding employment centers. Hermosa continues to attract investors and residents alike thanks to its strong rental demand, diverse housing stock, and ongoing neighborhood investment, making it an appealing location for both long-term living and multifamily investment.2038 N Kostner Ave is a center-entrance, six-unit apartment building in Chicago's Hermosa neighborhood. The property sits on a double lot totaling 6,270 SF with rear courtyard and a 4-car garage — a valuable parking amenity for the residents. The unit mix includes (2) 2 Bed/1 Bath garden units averaging 900 SF and (4) 3-Bed/1-Bath units averaging 1,398 SF, for a building average of 1,232 SF per unit. Systems include individual furnaces with window A/C, separate 100-amp electric panels, and separate hot water tanks per unit, so tenants are responsible for their own heat and hot water costs. Five of the six units are currently leased to CHA voucher holders. The property represents an opportunity for a new buyer to acquire a high-quality building in an appreciating neighborhood with strong cash flow in-place and future value-add upside.