Essex Realty Group, Inc. announced the sale of 4625 S. Drexel Boulevard. The 62-unit apartment building is located in Chicago’s Kenwood neighborhood and sold for approximately $4,325,000.
Brian Mond, a director with Essex Realty Group, was the broker on the transaction. The unit mix of 4625 S. Drexel Boulevard consists of 45 studios, 15 one-bedroom and two two-bedroom garden apartments. The property is less than two miles away from The University of Chicago and three miles from Chicago’s CBD.