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IllinoisMultifamily

Essex Realty Group closes sale of 9-unit apartment building in Elmwood Park

August 28, 2025
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Photo courtesy of Essex Realty Group.

Chicago-based multifamily brokerage firm Essex Realty Group, LLC closed the sale of a 9-unit apartment building at 7719 W. Fullerton Ave. in the Chicago suburb of Elmwood Park.

The transaction was facilitated by Essex Principal Brian Karmowski, who represented the seller, and Essex Associate Karla Galva, who represented the buyer.

This transaction highlights the opportunity to acquire a stabilized, well-located multifamily asset in one of Chicago’s most tightly held suburban submarkets. Elmwood Park’s unique blend of accessibility, strong local schools, and thriving commercial corridors continue to drive renter demand, making it one of the most resilient and sought-after rental markets in the greater Chicago area. The area’s enduring appeal lies in its ability to offer suburban comfort without sacrificing access to urban amenities—reinforcing its status as one of the metro’s most desirable rental destinations.

The classic garden-style building is comprised of nine total apartments, including one (1) 1 Bed/1 Bath units and eight (8) 2 Bed/1 Bath units, offering a well-balanced unit mix suited to a wide tenant base. The property also includes six exterior surface parking spaces, an attractive amenity for suburban renters. The building features a variety of unit finishes and mechanical updates, including galvanized plumbing with copper upgrades, newer vinyl windows throughout, and common laundry facilities.

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