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MidwestCRE

Essex Realty Group brokers the sale of an 11-unit multifamily building

Staff Writer April 4, 2017
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Essex Realty Group, Inc. announced the sale of 500 W. Belden Ave. in Chicago, Illinois.

500 W. Belden Ave. is an eleven unit, multi-family property situated on the northeast corner of Cleveland and Belden Avenue. The property is located within walking distance of beaches, parks, and recreation along Lake Michigan’s shore and steps from the abundant restaurants and shops of the Clark, Lincoln, and Armitage Avenue commercial corridors. Conveniently located near public transportation, the property is situated one half-mile from the CTA Fullerton “El” station that services the red, brown, and purples lines. The sale price was approximately $2,350,000.

Doug Imber and Kate Varde were the brokers on the transaction. Essex Realty Group, Inc. specializes in the sale of investment real estate throughout the Chicago metropolitan area.

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