2244 N. Kenmore Avenue: Redefining Luxury Apartment Living and Investment in Lincoln Park

Sale at a Glance

In November 2025, the sale of 2244 N. Kenmore Avenue became a landmark moment for Chicago’s prestigious Lincoln Park neighborhood. Triton Realty Group, led by President and Founder Matthew Fritzshall and Senior Vice President Harrison Cohen, orchestrated the off-market, $5.8 million transfer of this six-unit, fully gut-renovated luxury apartment building. This transaction set a new benchmark for boutique multifamily assets in the area, bringing together a confidential, family-run investment group and seller Aljack Investments, Inc.—who celebrated their first property sale since launching in 1996. The seamless, private process underscored the power of precise expertise and deep local relationships.

Sale Details

This sale was more than just a transaction—it was the culmination of vision, meticulous execution, and market timing.

• Sale Price: $5,800,000—establishing a new standard for six-unit apartment buildings in Lincoln Park

• Asset Class: Fully gut-renovated, luxury six-unit apartment building

• Unit Features: Each residence is designed with 10’ ceilings, spa-inspired baths with radiant heat and steam showers, and oversized custom decks

• Buyer: Confidential, family-run investment group, drawn by the building’s turn-key appeal

• Seller: Aljack Investments, Inc., marking a strategic milestone since 1996

• Brokerage/Representation: Triton Realty Group (dual agency with Matthew Fritzshall and Harrison Cohen)

• Closing Date: November 17, 2025

• Market Context: Continues Triton’s wave of prominent Lincoln Park deals, including the Webster Square Apartments and other signature assets

Property Highlights

2244 N. Kenmore presents a striking presence on a double, all-brick corner lot, embodying both the historic charm and contemporary elegance that define prime Lincoln Park living.

• Comprehensive Renovation: In 2022, every unit underwent a total gut renovation, introducing state-of-the-art finishes and elevating each space to true condo-quality standards.

• Sophisticated Layouts: The property features two 4-bed, 3.1-bath units and four 2-bed, 2-baths, each offering gracious, oversized living and dining areas with 10’ ceilings.

• Gourmet Kitchens: Equipped with Subzero and Wolf appliances, custom 48” cabinetry, and pristine white quartz waterfall countertops and breakfast bars—perfect for culinary enthusiasts and entertainers alike.

• Luxury Baths: Primary suites boast spa-like bathrooms with radiant heat floors, imported handcrafted Zellige tile, expansive steam showers, double vanities set in white quartz, and premium Brizo fixtures.

• Distinctive Outdoor Spaces: Oversized, west-facing custom stained concrete and steel decks with gas and electric outlets provide seamless indoor-outdoor living.

• Premium Amenities: Wide plank natural finish oak hardwood floors, custom walk-in closets, ample storage, and garage parking with individual electric vehicle charging.

• Unbeatable Location: In the heart of Lincoln Park, steps from DePaul University, CTA Red/Brown/Purple Lines, renowned schools (Oscar Mayer, Lincoln Park), lakeshore, parks, top fitness centers, vibrant shopping, restaurants, and a Walk Score of 97/100.

Key Investment Features

2244 N. Kenmore isn’t just a building—it’s a legacy asset, designed to awaken both desire and confidence for the discerning investor.

• Turn-Key Income Stability: Fully remodeled and stabilized, ready to generate immediate, predictable returns

• Irreplaceable Location: Nestled in Lincoln Park, surrounded by culture, dining, and top-tier schools—an address that commands prestige

• Boutique Scale, Blue-Chip Quality: Six exclusive residences, each crafted to the highest standards, set the building apart in a crowded market

• Market-Leading Rents: Premium finishes and amenities support above-market rental rates, further enhancing yield

• Transaction Privacy: Off-market strategy delivered exclusivity and confidentiality to both buyer and seller

Market Strategy and Positioning

Triton Realty Group’s approach was rooted in foresight and deep local expertise. By moving off-market, they protected the privacy of both the seller and the buyer, using their expansive network to identify the ideal match. The building’s meticulous renovation and luxury appeal made it a magnet for sophisticated investors seeking a rare, stabilized opportunity in one of Chicago’s most dynamic neighborhoods. The result was a record-setting sale that resonated far beyond the closing table—signaling robust demand for truly best-in-class, boutique multifamily properties in Lincoln Park.

Frequently Asked Questions (FAQs)

The sale of 2244 N. Kenmore Avenue has sparked curiosity and set new expectations for what’s possible in urban multifamily investment.

Q: What distinguishes 2244 N. Kenmore Avenue from other Lincoln Park buildings?

A: Its total, condo-quality gut renovation, luxury amenities like Subzero and Wolf kitchens, spa baths, and EV-ready parking set it apart as a new gold standard for boutique apartments.

Q: How did the off-market process impact the sale?

A: The off-market approach delivered privacy, speed, and ensured only highly qualified, motivated buyers were involved—making for a seamless transaction.

Q: Who managed the sale and what is their track record?

A: Triton Realty Group’s Matthew Fritzshall and Harrison Cohen, who have closed over 450+ multifamily transactions in Chicago, represented both parties, leveraging their experience and relationships.

Q: What are the key investment benefits for the new owner?

A: Immediate, stable income from a fully renovated and leased building, with premium rents and little-to-no deferred maintenance, plus the cache of owning a trophy asset in Lincoln Park.

Q: How does this sale reflect broader trends in the Chicago market?

 A: It underscores relentless demand for turn-key, luxury multifamily offerings in core urban neighborhoods—especially those with a scarcity of boutique, high-end product.

Want to achieve results like this?

Contact Matthew Fritzshall, President and Founder, at (847) 778-8746 or Harrison Cohen, Senior Vice President and Principal, at (847) 624-6399 to learn more about Triton’s services for multifamily investors in Chicago.