2835 West Division Street

Humboldt Park, named after its historic park, is located on Chicago’s West Side and is recognized as one of the city’s most culturally rich neighborhoods. Surrounded by highly sought-after areas such as Ukrainian Village, Wicker Park, Bucktown, and Logan Square, Humboldt Park offers a unique urban environment anchored by its 197-acre namesake park. The park features a historic lagoon and boat house, a large fieldhouse with gymnasiums, an inland beach, and numerous playgrounds and sports fields, providing abundant recreational opportunities and green space within the community. The neighborhood has garnered increasing attention due to rising property values and ongoing commercial and residential development. A strong surge in dining and entertainment options further elevates its appeal. With convenient access to the CTA Blue Line, multiple bus routes, and major expressways including the Kennedy and Eisenhower, Humboldt Park offers strategic connectivity to downtown Chicago and beyond. This combination of cultural heritage, vibrant amenities, and growing investment potential makes Humboldt Park a compelling choice for long-term multifamily and commercial real estate investment.Essex 312, LLC is pleased to exclusively present for sale 2835 W. Division Street, an exceptional boutique multifamily investment prominently positioned in Chicago’s highly desirable East Humboldt Park neighborhood. Completed in 2016, this newer-construction property comprises eight luxury apartments, including six two-bedroom units and two expansive four-bedroom duplexes. All the units feature thoughtfully designed floor plans with spacious, open-concept living areas, abundant natural light, and private balconies overlooking Humboldt Park. The Property also features eight on-site parking spaces, including five indoor and three exterior spaces. Each apartment features high-end interior finishes, including custom kitchens with quartz countertops, oversized islands, stainless steel appliances, and custom cabinetry. Additional features include spacious primary suites, designer bathrooms with oversized glass-enclosed showers, in-unit laundry, gas fireplaces, and individually controlled HVAC systems. The Property is surrounded by a growing collection of restaurants, cafés, breweries, entertainment venues, and boutique retail throughout East Humboldt Park, Wicker Park, and Ukrainian Village. This is an exceptional investment opportunity offering significant upside potential for a new owner. Currently, the apartments are averaging approximately $500 per month below prevailing market rents, providing a clear opportunity to increase revenue through future rent growth.