Peak Properties, LLC has been selected for property management, leasing, and marketing for four, third-generation family-owned multifamily investment properties and one third generational asset that was sold to a local family office, adding 78 residential units and three commercial spaces to Peak’s client roster in the highly sought-after neighborhoods of Lincoln Park. The Lincoln Park four-building portfolio of multifamily buildings has been owned and self-managed by one family for over 75 years.
The vintage brick property portfolio includes a total of 56 residential units and three commercial spaces and all are 100% leased. The prime addresses include:
2330-32 N Clark St., Chicago, IL: 21 apartments + 3 offices
2715 N Hampden Ave., Chicago, IL: 12 apartments
2717 N Hampden Ave., Chicago, IL: 18 apartments
1720 N Hudson Ave. / 1721 N St. Michaels Ct., Chicago, IL: 5 apartments
In Edgewater, new owners of a corner brick building that was owned by one family for three generations at 1634-38 W. Granville/6205-6211 N. Paulina Ave. chose to retain Peak Properties’ services. The property is rich in eclectic design and amenities, with 22 units and a mix of one- and two-bedroom. Décor features large floorplans and individual design with upgrades such as reclaimed wood, exposed brick, and custom kitchens and baths.
