Essex Realty Represents Local Investor In $3.02M Purchase Of Mixed-Use Properties In North Shore Suburbs

1215 Washington Avenue, located in the North Shore Suburbs of Chicago, was recently sold in a mixed-use transaction. The property was part of a portfolio that also included 874 Green Bay Road. The buildings were sold to a local investor for $3,015,000, which was 98% of the list price.

Summary of transation details

• Property Type: Mixed-use
• Transaction Amount: $3,015,000
• Address: 1215 Washington Avenue
• Market: North Shore Suburbs, Chicago

Doug Imber, Kate Varde, Jaimie Steinher, and Dan Shepherd from Essex Realty represented both the seller and the buyer in this transaction. The seller, a local investor, hired the Essex team to exclusively market the properties for sale. The buyer, also a local investor, acquired the portfolio at 98% of the list price.

874 Green Bay Road, located one block south of the Hubbard Woods Metra station, is a three-story building with approximately 6,352 net rentable square feet divided among 29 offices. On the other hand, 1215 Washington Avenue is positioned just west of Green Bay Road and one-half block from the Wilmette Metra Station. This three-story building spans approximately 6,915 net rentable square feet and houses 12 office spaces.