For Immediate Release: Triton Realty Group Sets Lincoln Park Benchmark with $5.8 Million Off-Market Sale of 2244 N. Kenmore Avenue
- Triton Realty Group
- 6 days ago
- 2 min read
Summary: Triton Realty Group has successfully brokered the $5.8 million off-market sale of 2244 N. Kenmore Avenue, a six-unit, fully gut-renovated luxury apartment building in Chicago's prestigious Lincoln Park neighborhood. The transaction, which represents a new benchmark for boutique multifamily assets in the area, was executed by Matthew Fritzshall and Harrison Cohen, who represented both the buyer and the seller.
CHICAGO, IL – November 23, 2025 – Triton Realty Group, a leading Chicago-based multifamily brokerage and acquisitions firm, today announced the closing of the $ 5,800,000 sale of 2244 N. Kenmore Avenue. This record-setting deal involved a six-unit luxury apartment building that had recently undergone a total, condo-quality gut renovation.
Triton Realty Group’s leadership, including Matthew Fritzshall (President, Founder, and Managing Principal) and Harrison Cohen (Senior Vice President and Principal), orchestrated the sale. The property was acquired by a confidential, family-run investment group. For the seller, Aljack Investments, Inc., this transaction was a significant milestone, marking their first property sale since launching their portfolio in 1996.
The transaction was executed off-market, leveraging Triton's deep network and market insight to connect the right buyer and seller for a confidential and seamless closing. According to Matthew Fritzshall, "The meticulous care the seller underwent in remodeling the building from its brick exterior and stabilizing the asset, along with securing the right buyer, allowed for an amazing result for all parties involved".
Harrison Cohen added, "The sale of 2244 N. Kenmore perfectly showcases the demand for best-in-class, turn-key multifamily assets in Lincoln Park. Blending sophisticated design with luxury amenities—including EV-ready garage parking and chef-caliber kitchens—this property is positioned as a defining asset in Chicago's urban lifestyle, underscored by its exceptional rental strength of over $4.70 per square foot.”
Transaction highlights include:
• Sale Price: $5,800,000
• Property Composition: Six fully gut-renovated luxury apartments
• Unit Features: Each unit includes 10' ceilings, gourmet kitchens with Subzero and Wolf appliances, spa-like baths with radiant heat floors and steam showers, and oversized custom decks with gas and electric outlets.
• Buyer: Confidential family-run investment group
• Seller: Aljack Investments, Inc.
• Representation: Triton Realty Group, dual agency
• Closing Date: November 17, 2025
This sale continues a strong run of deals for Triton Realty Group in the desirable Lincoln Park market, which includes the recent closings of the 79-unit mixed-use Webster Square Apartments, 2244 N. Halsted, and 2735 N. Magnolia.
About Triton Realty Group – Triton Realty Group is a privately held, Chicago-based brokerage and acquisitions firm specializing in multifamily and mixed-use properties. With over a decade of experience in the city and surrounding suburbs, the firm has completed over 450+ transactions totaling more than 6,000 units and $650+ million in value. Triton represents investors across a range of deal sizes and uses its extensive market relationships to identify and close opportunities both on and off the market
For Media Inquiries Contact:
Harrison CohenSenior Vice President & PrincipalTriton Realty Group -5301 N. Damen Avenue, Chicago, IL 60625
847-624-6639 | harrison@tritonrealtygroup.com
