Chicago-based multifamily brokerage firm Essex Realty Group, Inc., negotiated the sale of 4447-59 N. Hazel St., a 32-unit newly constructed apartment building in Chicago’s Uptown neighborhood, just steps from Lake Michigan.
The sellers, Brian and Padraic Connolly of Longford Design & Construction, renowned for their high-end condominium developments, presented their signature luxury design to their first multi-family rental projects. Designed with a desirable unit mix of studio, 1, and 2-bedroom apartments with large, open floorplans, including private terraces, this asset was exceptionally well received within the investment market.
Essex Partner Steven Livaditis and Managing Director Matt Feo successfully represented the sellers in the transaction, organizing over 20 property tours and generating significant interest with multiple offers from both local and regional buyers. The property was ultimately awarded to a private local buyer, represented by Managing Director Brian Karmowski.
Conveniently located only blocks from both the CTA Red and Purple lines, along several CTA bus lines, DuSable Lakeshore Drive, and just minutes Lake Michigan, the property provides easy access to all that the city and surrounding areas can offer.
