Stocking Urban and Next Realty plan to modernize the units to create more functional living spaces, while maintaining their existing charm and marketability. The modernization program will be undertaken in phases, as units are vacated.
“838-846 W. Altgeld presents a very rare opportunity to acquire and reposition a unique property with great bones in an A+ location,” says Stocking Urban’s Nick Stocking.
The Altgeld property is the first joint acquisition between the two companies.