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5710 N. Winthrop & 6211 N. Kenmore Chicago, IL 60660

Sponsored
For Sale
$11,700,000

70-unit Chicago multifamily portfolio with upside.

Property size:
39,835 SF

Property Features for 5710 N. Winthrop & 6211 N. Kenmore

General Information

Property type
Multifamily properties
Square Feet
39,835 SF
Price / Square Foot
$293
Elevators
N/A
Lot Size
39,835 SF

Overview

Chicago Multifamily Portfolio: 70 Units

This investment portfolio features two multifamily properties located in Chicago's Edgewater neighborhood, comprising a total of 70 units. The properties are divided between 6211 N. Kenmore, a 28-unit building, and 5710 N. Winthrop, a 42-unit building. The 4+1 style building at 6211 N. Kenmore includes twelve studio apartments and sixteen one-bedroom/one-bathroom apartments, along with 19 parking spaces. Renovations completed in 2018 included new kitchens, bathrooms, flooring, doors, windows, updated plumbing and electrical systems, resurfaced parking, and added laundry facilities on each floor. The corridor-style building at 5710 N. Winthrop features twenty-five studio and seventeen one-bedroom/one-bathroom units. An 18-month renovation completed in December 2020 encompassed new building electrical, updated common areas (flooring, baseboards, lighting, doors), modernized kitchens and baths with quartz countertops and shaker-style cabinetry, reconfigured floor plans for open-concept living, and new windows. The combined building size is 39,835 square feet on a total land area of 0.91 acres. Both properties offer rental upside, with current rents averaging 11-12% below market rates. The properties are located six miles from downtown Chicago and near Loyola University and Lake Michigan, with convenient access to public transportation (Union Pacific North Metra, CTA Red Line, and bus routes).

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Listing Contact
Jacob Price

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HighLights

  • Two Chicago Edgewater properties totaling 70 units.
  • Significant rental upside potential due to below‑market rents.
  • Extensive recent renovations including kitchens, baths, and common areas.
Property Profile Location Intelligence

Current Use by Public Records

Residential income homes

Map

City
Chicago
State
Illinois

FAQs

What type of property is this?
Multifamily property - 70-unit Chicago multifamily portfolio with upside.
Where is this multifamily property located?
The property is located at 5710 N. Winthrop & 6211 N. Kenmore Chicago, IL.
What is the asking price?
The asking price for this property is $11,700,000.
What are key features of this property?
This property features: Two Chicago Edgewater properties totaling 70 units.; Significant rental upside potential due to below-market rents.; Extensive recent renovations including kitchens, baths, and common areas.
More about this property
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