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MidwestMultifamily

Essex completes sale in Chicago

Staff Writer April 5, 2017
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Essex Realty Group, Inc. is pleased to announce the sale of 4875 N. Magnolia, a 75-Unit building located in Chicago’s Uptown neighborhood.  The property is located two blocks away from the corner of Broadway and Lawrence Avenue, offering easy access to shops, restaurants and other attractions in the heart of Uptown.  The Property is a vintage corridor building with studio, one-bedroom and two-bedroom units.  Additionally, there are three 3-bedroom penthouse units on the top floor.

Matt Welke and Doug Fisher of Essex were the brokers in the transaction.  The price was approximately $2,250,000.

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