Essex Realty Facilitates Sale Of Multifamily Building In Ukrainian Village For $1.26M

Situated in Chicago's Ukrainian Village neighborhood, the recently sold property at 2131 W. Ohio Street is a beautifully renovated four-unit Greystone apartment building. The building features one- and three-bedroom units, each completely renovated with open floorplans, gourmet kitchens, quartz countertops, tile backsplashes, custom light fixtures, stainless-steel appliances, and in-unit washer/dryer. The property offers parking and is located in a highly desirable and appreciating residential area. The sale price of this turn-key Greystone was $1,260,000, with each unit being sold for $315,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,260,000
• Units: 4
• Price per Unit: $315,000
• Broker: Matt Feo - Essex Realty

Essex Realty Group, Inc., a Chicago-based multifamily brokerage firm, facilitated the sale of 2131 W. Ohio Street. Matt Feo, Director at Essex Realty, exclusively marketed the property for sale on behalf of the local investor seller. The property was sold to a local investor, and Feo highlighted the unique opportunity to acquire a renovated Greystone in a highly desirable residential location with high-quality finishes.