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Essex Realty Group closes $2.6 million sale of pair of Chicago apartment properties

August 26, 2024
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Photo courtesy of Essex Realty Group.

Essex Realty Group closed the sale of two multifamily properties on Campbell Avenue in Chicago’s Lincoln Square neighborhood: a seven-unit walk-up building at 5452-545 N. Campbell Ave. and an eight-unit center-entrance building at 5428-30 N. Campbell Ave.

Brought to the market by Essex Realty Group director Rick Ofman, principal Kate Varde and principal Doug Imber, both properties offer value-add opportunities with fully occupied positions.

Located in Budlong Woods, a pocket of Chicago’s Lincoln Square neighborhood, both properties provide a cross between a diverse city district and a residential neighborhood.

The properties sold for a combined total of $2.6 million.

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ChicagoEssex Realty GroupIllinoismultifamily
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