Chicago-based multifamily brokerage firm Essex Realty Group, LLC brokered the sale of two apartment buildings totaling 87 units in Oak Park: 212 S. Oak Park Ave. and 37 Harrison St.
Essex Principal Brian Karmowski represented both the buyer and the seller of the transaction.
Both buildings feature Oak Park’s signature historic architecture with vintage detail and have been well-maintained by former ownership. 212 S. Oak Park Ave. was built in 1928 and consists of 51 apartment units while 37 Harrison St. was built in 1926 and is comprised of 36 units.
The properties are both located just minutes from the CTA Green Line, Metra, and several bus routes. Additionally, Interstate 290, which connects residents directly to downtown Chicago and the western suburbs, is located just south of the properties. This ideal location offers residents convenient proximity to Oak Park’s wide array of entertainment, nightlife, retail, and amenities.
The transaction was facilitated entirely off the Market and sold for $10.27 million.
