Steven Rapoport with CRER successfully represented the seller in the sale of 2348-2358 N Seeley Ave a prime development site in Chicago’s Bucktown neighborhood. Ownership entrusted Steven Rapoport with the task of marketing and selling this sought-after site.
The buyer, a local developer has revealed plans for a modern 56-unit residential development on the site, with designs by local firm Hanna Architects. The project includes a range of amenities such as a 2,700-square-foot fitness center, office space, a 59-bike storage area, and a 46-vehicle parking garage with alley access. The building will feature two- and three-bedroom units, 12 of which will be designated as affordable housing. For more details, visit the full story on Chicago YIMBY: Residential Development Revealed for 2350 N Seeley Avenue in Bucktown.
Prime Location and Accessibility Located just minutes from I-94, the site offers exceptional access to downtown Chicago and the city’s outer neighborhoods. The site is surrounded by some of the city’s most vibrant and affluent areas, including Bucktown, Lincoln Park, Wicker Park, Logan Square, and Roscoe Village. The development will also benefit from its proximity to premier shopping destinations and the renowned Midtown Athletic Club.
A Track Record of Success This sale marks Steven Rapoport’s second notable transaction in the area within the past month. Steven also facilitated the sale of 2358 N Clybourn Avenue, a mixed-use building that achieved an impressive sale price of over $400,000 per unit amidst strong buyer competition. Read more about that sale here: Mixed-Use Building Sells for Over $400,000 Per Unit.
Considering Selling Your Property? With unmatched market expertise and a dedication to delivering results, Steven Rapoport and the CRER team are ready to help you achieve your real estate goals. Contact us today to start planning your next successful sale or acquisition!
