Multifamily N Illinois Logan Square courtyard building sells for $8.8 million Essex Realty Group, Inc., a mid-market brokerage firm based in Chicago, brokered the sale of 1832-1842 N. Humboldt Boulevard, a beautifully renovated, 45-unit courtyard apartment building in the heart of Logan Square.
Multifamily N Illinois Essex Realty Group brokers the sale of 12 units in Alsip, IL for $880,000 Essex Realty Group’s Brian Kochendorfer, Troy Beebe and Derek Kaptanoglu were the brokers for the sale of 3922 W. 115th Place in Alsip, Illinois. The 12-unit apartment building, which sold for $880,000, consists of two one-bedroom/one-bathroom and 10 two-bedroom/one-bathroom units. Recent improvements to the property include a new intercom …
CRE N Illinois State Street's historic Waterman Building seeking buyer The Waterman Building, a 31,000-square-foot, seven-story building located at 127 S. State Street in Chicago, is now being marketed for sale by Essex Realty Group, Inc. Adjacent to the Palmer House Hilton Hotel and surrounded by a wide array of shopping and dining options, the 100-year-old-building is seeking $4,950,000.
Multifamily N Illinois Essex Realty Group brokers the sale of 18-unit property in Worth, IL Essex Realty Group, Inc. facilitated the sale of 6615-19 W. Lloyd Drive, an 18-unit multifamily property in Worth, Illinois. The property went under contract within two weeks of listing and the purchase price was $1,159,351.
Multifamily N Illinois Essex Realty Group brokers sale of two Logan Square apartment buildings Essex Realty Group facilitated the sale of two Logan Square apartment buildings located at 3334 W. Palmer Street and 3049 N. Spaulding Avenue in Chicago. Jim Darrow, Jordan Gottlieb and Jordan Multack were the sole brokers of both buildings, which sold for a combined $5,300,000.
Multifamily N Illinois Essex Realty Group brokers $1.3M sale of nine-unit multifamily property in West Ridge Essex Realty Group, Inc. facilitated the sale of 6442-44 N. Bell Avenue in Chicago’s West Ridge neighborhood. The sale price was $1,350,000.
CRE N Illinois Essex Realty Group promotes Jacob Goldstein to director Essex Realty Group, Inc. announced the promotion of Jacob Goldstein from associate to director. Goldstein joined Chicago-based Essex Realty Group as an associate in July 2016. As an associate, he has concentrated on asset valuation, market research and transaction management.
CRE N Illinois Chicago Association of REALTORS to induct John Rutledge to its Hall of Fame The Chicago Association of REALTORS will honor and induct real estate entrepreneur, investor and civic leader, John W. Rutledge, into its Hall of Fame on September 26, 2019 at the 136th Inaugural Gala. Rutledge is the founder, president and CEO of Oxford Capital Group, which specializes in large-scale, lifestyle, hospitality-oriented real e…
CRE N Illinois Essex Realty expands with hiring of Ben Bakula, Jonathan Weissman Essex Realty Group, Inc. is adding to its team, announcing the hiring of two new associates, Ben Bakula and Jonathan Weissman.
CRE N Illinois CRE Future Leaders: Troy Beebe Troy Beebe joined Essex Realty Group in 2016 where, as a director, he focuses on multifamily and mixed-use asset sales throughout suburban Chicago. He has an entrepreneurial spirit and has started numerous businesses ranging from information technology to self-storage and moving.
Multifamily N Illinois Essex Realty Group brokers $1.3M sale of nine units in Humboldt Park Essex Realty Group, Inc. facilitated the sale of 2551-2553 W. Hirsch Street, a nine-unit corner apartment building located in Chicago’s Humboldt Park neighborhood. The property consists of one one-bed/one-bath loft unit and eight two-bed/one-bath units. The property also has basement space running the entire length of the building.
Multifamily N Illinois Essex Realty Group brokers sale of The Parker in Park Ridge for $15 million Essex Realty Group closed the sale of The Parker, a 46-unit new construction property located in Park Ridge, Illinois, one of Chicago’s most desirable suburbs. Developed by a joint venture of CA Residential and Orchard Development Group, the property was completed in 2016.
Multifamily N Illinois Essex Realty closes $6.3M sale of rental property in Chicago's Portage Park Essex Realty Group, Inc. completed the sale of The Portage Park Theater Apartments, located at 4044-4060 N. Milwaukee Avenue in the heart of Chicago’s Portage Park neighborhood. The property consists of 34 apartments and four fully leased commercial spaces totaling 5,460 square feet.
CRE N Illinois Essex Realty Group adds two new hires to suburban team Essex Realty Group, Inc. announced the hiring of two new team members, Derek Kaptanoglu and Anthony Citriglia. Both will focus on multifamily transactions in the suburban market, supporting the group led by Brian Kochendorfer, managing director for Essex Realty Group.
Multifamily N Illinois Essex Realty Group brokers sale of 62 units in Kenwood Opportunity Zone 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.
Multifamily N Illinois Chicago's multifamily market thriving, evolving With all the activity going on in multifamily these days, many question what the next frontier of this asset class looks like. Yesterday morning, over 225 people had their questions answered at the 10th Annual Chicagoland Multifamily & Affordable Housing Real Estate Summit, hosted by REjournals.
Multifamily N Illinois Essex Realty Group brokers the sale of 91-unit Oak Park portfolio Essex Realty Group, Inc. has sold two multifamily buildings with a total of 91 units in Oak Park, Illinois for an undisclosed sales price. Essex Realty Group’s Doug Fisher and Kate Varde represented the seller and Jim Darrow represented the buyer on the transaction.
CRE N Illinois CRE Future Leaders: Abe Eilian As part of our series, CRE Future Leaders, we caught up with Abe Eilian, director at Essex Realty Group. He concentrates primarily on asset valuation, market research and transaction analysis, assisting clients in the acquisition and disposition of investment real estate throughout the greater Chicago metropolitan area. To date, Eilian has …
Multifamily N Illinois Deconstructing deconversion Condo deconversion is a undeniable trend in Chicago. That’s why over 150 people came out to the Montgomery Club on October 18, 2018 to hear expert speakers discuss the ins and outs of this often complex, often lucrative real estate practice at the first annual Deconstructing Deconversion conference.
Multifamily N Illinois What property types are the best targets for deconversion? Commercial buildings rarely retain one use. Office buildings transform into residential, post offices become retail and shuttered factories can go self-storage. In this context, it’s easier to grasp the condo deconversion trend that has overtaken some neighborhoods in Chicago.