Essex Realty Group Inc. has brokered the sale of 8253-57 Skokie Boulevard (Boulevard Place), a new construction, multifamily elevator building located in Skokie. The property consists of 31 residential units, 2,996 square feet of retail space and 55 parking spaces (43 garage, 12 exterior).
Boulevard Place is situated on U.S. Route 41 (Skokie Boulevard), three miles south of the Westfield Old Orchard Mall and three blocks north of the Illinois Science & Technology Park. The property’s location offers access to the Edens Expressway (I-94) and the new CTA Oakton-Skokie Yellow Line station one block south at the corner of Oakton Street and Skokie Boulevard.
The property consists of a unit mix of one one bedroom/one bath, four one bedroom/one and a half bath, two one bedroom/two baths, three two bedrooms/two baths, 15 two bedrooms/two baths, five two bedrooms/two baths, one two bedrooms/two and a half baths and two retail units.
Matt Welke, Jason Fishleder and Doug Fisher of Essex were the brokers in the transaction. The price was approximately $5.7 million.