
Peak Properties Tapped to Manage Multifamily in “Ideal” Lincoln Park Locale
Peak Properties, LLC has been selected to manage a 29-unit apartment building in Chicago’s Lincoln Park neighborhood at 915-25 W. Schubert Ave. De-converted from a condominium into rentals and renovated in 2016-17, the property consists of 23 studios and six one-bedroom units in the three-story red brick walkup building on a quiet residential street.
“This is the ideal urban location and is quite simply for those who like to have immediate access everything,” said Mike Zucker, managing partner, Peak Properties. “The fully occupied building features condo-quality finishes throughout, yet we know where we can add the right upgrades to help accelerate the net operating income.
The apartments are located one block from the CTA Brown/Purple line stop at Diversey, within walking distance to DePaul University’s campus and steps away from the neighborhood’s main arteries on Lincoln Ave., Halsted St. and Diversey Ave.
- ◦Lease