4525 N. Kenmore Avenue, Chicago, Illinois
In the second quarter of 2022, Bradford Allen made a significant acquisition by purchasing Stewart School Lofts, a remarkable 64-unit multifamily building at an attractive rate of $371,000 per unit, which also included a future development parcel adjacent to the property. This distinctive property has a rich history, having been transformed from a former public school in 2018, preserving its historic charm dating back to its original opening in 1907 as Graeme Stewart Elementary School.
Stewart School Lofts offers a diverse range of living spaces, ranging from spacious studios to generous three-bedroom units. What truly sets this property apart is its one-of-a-kind historical design elements, which pay homage to its storied past. These unique features add character and allure to the living experience, making it a standout choice for renters seeking a distinctive place to call home.
The property leverages its exceptional design features, ample parking availability, and modern amenities to not only attract strong interest from renters but also command market-leading rents within Chicago’s uptown submarket. This strategic positioning is a testament to Bradford Allen’s commitment to acquiring assets that offer both historical significance and contemporary appeal
