CHICAGO, IL - Kiser Group, a leading real estate brokerage firm, proudly announces the listing of a prime property in the heart of Lincoln Park. This exclusive offering, represented by Senior Director Andy Friedman and Director Jake Parker, presents a unique opportunity in the market.
Nestled in the vibrant Lincoln Park neighborhood, Hampden Green Condominiums, at 2728 North Hampden Court, comprises 206 total units - 81 studios, 20 junior one-bedroom units, 104 one-bedroom units, and 1 two-bedroom/two-bath unit. 60% of the units are investor-owned rental units, and the other 40% are owner-occupied. The park, Lakefront, and Clark Street attractions are all a short walk from the building.
“Hampden Green has an array of amenities, including a rooftop deck with a pool, a 22nd-floor party room that offers potential conversion into a gym, a laundry room, a management office, package lockers, and a 110-spot parking garage,” said Parker. “The property is positioned as a value-add opportunity, with a buyer likely to update units to modern finishes, enhancing its appeal and attracting a discerning tenant base. The centralization of rental management is expected to streamline operations and further elevate the property's investment potential.”
“There continues to be a large appetite for value-add opportunities in all areas of the city, but particularly so in top-tier locations such as Lincoln Park,” said Friedman. “Large value-add opportunities are particularly sought after, but are infrequently available. We expect very high interest in Hampden Green from the marketplace”