Multifamily N Illinois

Essex Realty Group brokers sale of 62 units in Kenwood Opportunity Zone

Essex Realty Group brokers sale of 62 units in Kenwood Opportunity Zone,ph1

Essex Realty Group, Inc. announced the sale of 4625 S. Drexel Boulevard. The 62-unit apartment building is located in Chicago’s Kenwood neighborhood and sold for approximately $4,325,000.

Brian Mond, a director with Essex Realty Group, was the broker on the transaction. The unit mix of 4625 S. Drexel Boulevard consists of 45 studios, 15 one-bedroom and two two-bedroom garden apartments. The property is less than two miles away from The University of Chicago and three miles from Chicago’s CBD.