Essex Realty Group, LLC closed the $4 million sale of 1837–59 N. Spaulding Avenue, a 41,656-square-foot residential development site located at the corner of Spaulding Avenue and Cortland Street in Chicago’s Logan Square neighborhood.
Essex Realty Group Principal Jim Darrow, Principal Jordan Gottlieb and Director Brian Keegan exclusively represented the seller, while Principal Matt Feo represented the buyer in the transaction.
Located just blocks from Palmer Square, the property presented a rare opportunity to acquire a development site of meaningful scale in one of Chicago’s strongest residential submarkets. The site is surrounded by established residential streets, premier housing stock, neighborhood retail, parks, and convenient access to public transportation.
