Chicago-based Spaces Real Estate today announced the start of pre-leasing at Hazel Place, a 15-unit rental community under construction in Chicago’s Buena Park neighborhood. Located at 4337 N. Hazel St. and originally built in 1901, the three-story brick building is being renovated by Chicago-based Arbor Investment Management LLC, which has retained Spaces as the exclusive leasing brokerage. A decorated model is now available for tour, with first move-ins scheduled for May.
“When this property was built in 1901, it was one of the first luxury apartment buildings in Buena Park, so it’s a landmark within the neighborhood that has been reimagined for a new generation of renters,” said Bentley Phillips, founder Spaces Real Estate. “The building’s vintage charm, modern floor plans and amenities, and walkable location near the lakefront make Hazel Place a true standout in the North Side rental market.”
Hazel Place offers two- and three-bedroom floor plans – each with two or 2½ baths – ranging in size from 924 to 1,358 square feet and priced from $2,625 per month. Finishes include red oak hardwood flooring; modern kitchens with two-tone cabinetry, quartz countertops, tile backsplashes and stainless steel appliances; baths with sleek subway tile tub/shower surrounds; and bedrooms with spacious walk-in closets. Every residence also includes keyless smartphone-ready entry, smart lighting controls, Nest thermostats and full Amazon Echo integration, as well as in-unit laundry.
“The finishes and tech offerings at Hazel Place mirror those found in many downtown high-rises,” said Phillips. “Yet the community offers the privacy of a boutique building and neighborhood setting that many renters seek.”
In addition to high-end unit finishes, Hazel Place will offer a pet-washing station, bicycle storage area and landscaped rooftop deck that includes pergolas and seating areas with grilling stations. The deck provides an ideal location for residents to gather and entertain while enjoying the panoramic views just steps from Lake Michigan.
“Hazel Place is optimally located in the heart of one of Chicago’s most popular North Side neighborhoods, just a half-mile from the lakefront, so we wanted to take full advantage of that by adding the rooftop deck,” said Sam Goldman of Arbor Investment Management LLC. “At the same time, it was important to preserve building elements such as the brick exterior and other details like the ornate entryway and some of the original stained glass windows to maintain the character of building in the context of the surrounding neighborhood.”
Hazel Place is a few blocks from the Lake Michigan shoreline, with convenient access to Montrose Beach, the Lakefront Trail and 18-hole Sydney R. Marovitz Golf Course. The CTA Red Line station at Wilson Avenue is less than a 10-minute walk from the property, further broadening the appeal to downtown commuters. Also within walking distance are the numerous shops and restaurants that line Uptown’s burgeoning Broadway corridor, including a full-size Target, ALDI and local boutiques.
About Spaces Real Estate
Spaces Real Estate is a full-service real estate brokerage specializing in residential leasing, with an emphasis on Chicago’s North Side and downtown neighborhoods. The company’s approach is both service-oriented and data-driven, powered by a team of experienced brokers whose hyperlocal, block-by-block expertise is supplemented by the firm’s industry-leading, proprietary technologies. In addition to providing apartment-finding services to renters, Spaces works with a variety of landlords, including private owners, institutional-level investors and veteran developers. Since opening in 2010, the firm has leased approximately 10,000 apartments. In 2016, Spaces introduced a new division, Elevated Spaces, that focuses on the high-end downtown rental market. The company also includes a dedicated team of agents who provide brokerage services to buyers and sellers of residential properties throughout the city.
