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MidwestCRE

Essex Realty Group brokers sale of walk-up apartment building

Staff Writer April 5, 2017
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Essex Realty Group Inc. has announced the sale of 1234 N. Cleaver St., a gut-rehabbed walk-up apartment building located in Chicago’s Wicker Park neighborhood.  The property is situated on the west side of Cleaver Street, one block north of Division Street and in close proximity to the Division/Milwaukee/Ashland six-way intersection.

The subject property consists of 11 two-bedroom apartments with a unit mix of three front two-bedroom/one-bath, three middle two-bedroom/one-bath, three rear two-bedroom/one-bath and two garden two-bedroom/one-bath units.

Jason Fishleder, Doug Fisher and Matt Welke of Essex  represented the sellers and Doug Imber and Kate Varde represented the buyers in the transaction.  The price was approximately $1.8 million.

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