Distinctive Six-Unit Multifamily Sale in the Heart of Andersonville: 5135-37 N. Glenwood Ave
Sale at a Glance
Nestled in the sought-after Andersonville neighborhood, 5135-37 N. Glenwood Ave. represented a rare investment opportunity that drew immediate attention. This classic six-unit, low-rise multifamily property closed on December 5, 2025, for $1,600,000. Matthew Fritzshall and Luke Wojcik brokered the deal, leveraging their expertise and deep market knowledge to achieve optimal results for their client. The sale stands out for its location, asset quality, and successful execution in a competitive Chicago submarket.
Sale Details
This Andersonville multifamily asset exemplified both stability and upside potential.
Brokers: Matthew Fritzshall and Luke Wojcik
Sale Price: $1,600,000
Date Closed: December 5, 2025
Asset Type: Multifamily | Low-Rise/Garden
Units: 6
Neighborhood: Andersonville, Chicago
Property Highlights
A blend of classic architecture and neighborhood charm made this property an attractive investment.
Prime Andersonville Location: Walking distance to shops, dining, and public transit.
Six Spacious Units: Flexible unit layouts ideal for both renters and owners.
Low-Rise/Garden Style: Sought-after design with mature landscaping and curb appeal.
Historic Character: Preserved details that resonate with Chicago’s architectural heritage.
Key Investment Features
This sale captured the imagination of investors seeking both stability and growth.
Proven Rentability: Strong tenant demand in Andersonville consistently supports premium rents.
Desirable Neighborhood: Andersonville’s vibrant community and amenities drive long-term value.
Efficient Building Size: Six units offer operational ease and reduced vacancy risk.
Attractive Price Point: Competitive pricing for a fully stabilized asset in a core location.
Market Strategy and Positioning
The property was positioned to highlight both its classic Chicago charm and strong investment fundamentals. Marketing targeted local and regional buyers seeking scale and stability in a prime submarket. Expert negotiation and timing were key, with Fritzshall and Wojcik anticipating market demand and guiding the transaction to a swift, successful closing. The sale underscores how strategic positioning and market insight can unlock hidden value and fulfill ambitions for both sellers and buyers.
Frequently Asked Questions (FAQs)
This Andersonville multifamily sale sparked plenty of interest from investors and residents alike.
Q: What makes Andersonville such a desirable neighborhood for multifamily investment?
A: Andersonville is known for its vibrant mix of local businesses, walkability, and strong sense of community, all of which support stable rental demand and long-term appreciation.
Q: How does the building’s size impact its investment appeal?
A: Six-unit properties offer a balance of manageable operations and income diversification, making them highly sought after by both first-time and seasoned investors.
Q: Were there specific marketing strategies that contributed to the quick sale? A: The property was marketed with a focus on its location, tenant stability, and classic Chicago architecture, attracting competitive offers early in the process.
Q: What type of buyers typically compete for assets like this in Andersonville?
A: Local investors, owner-occupants, and small portfolio owners are often drawn to six-unit multifamily properties in established neighborhoods.
Q: Is there potential for future value-add at this property?
A: Many Andersonville buildings offer opportunities for minor upgrades or unit renovations that can further boost rental income and property value.
Want to achieve results like this?
Contact Matthew Fritzshall and Luke Wojcik to discuss your property goals in Andersonville and greater Chicago.
