Skip to content
Homepage
  • Market
    • Illinois
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications
IllinoisMultifamily

Essex brokers $3.85 million deal for Rogers Park apartment building

September 16, 2021
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Chicago-based multifamily brokerage firm Essex Realty Group, Inc. recently facilitated the sale of 1649 W. Jonquil Terrace in Chicago’s Rogers Park neighborhood. This 36-unit courtyard building is comprised of a mix of studio and two-bedroom apartment units, along with 2,000 SF of ground level commercial space which has been occupied by “Just Harvest”, a nonprofit organization and neighborhood ally.

Essex Director Matt Feo represented the seller, a local investor, in this off-market transaction. The property sold to a local investor, Becovic, for $3,850,000, which equates to $106,944 per unit. Feo also represented the buyer in this transaction. 

“We love the north of Howard area of Rogers Park,” said Sal Becovic. President at Becovic. “We are excited to add The Jonquil Terrace to our other north of Howard communities.”

The property is situated in a great location less than one-half mile west of Rogers Park Beach and Lake Michigan on the southeast corner of Jonquil Terrace and Paulina Street. The Howard Red, Purple and Yellow CTA station is conveniently located just one block south of the property. 

Tags
Essex Realty Group
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IllinoisIndustrial

Industrial portfolio changes hands for $369 million

Mia GoulartMarch 28, 2023
IllinoisCRE

Chicago Chapter of SIOR luncheon RECAP: What’s up with interest rates?

March 28, 2023
KansasMissouriNet Lease

Hanley Investment Group brokers sale of 10 Valvoline locations in Kansas and Missouri

March 28, 2023
IndianaMultifamily

Indianapolis companies tackling $65 million project to redevelop city’s Meridian Street corridor

March 28, 2023

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise
© 2023 REjournals.com