Essex Realty Group Sells Mixed-Use Building In Chicago's West Chicago Avenue For $3.045M

A mixed-use building located at 1651 West Chicago Avenue in Chicago has recently been sold for $3.045 million. The property features eight residential units and two commercial spaces. The sale was facilitated by Essex Realty Group and the buyer was a local investor. This transaction presents an opportunity for the buyer to own a diverse asset in a prime location.

Summary of transaction details

• Property Type: Mixed-use
• Sale Price: $3,045,000
• Units: 8
• Price per Unit: $380,625

Essex Realty Group, represented by Jim Darrow and Jordan Gottlieb, played a key role in brokering the deal. Their expertise and network in the Chicago market helped facilitate the successful transaction. The sale of this mixed-use building demonstrates the strong demand for this type of property in the area. The buyer, a local investor, recognized the potential of the asset, which offers a combination of residential and commercial spaces.