Essex Realty Group, LLC negotiated the $16.5 million sale of 825 E. 61st St., a newly constructed 60-unit multifamily property directly across from the University of Chicago campus at the intersection of Chicago’s Hyde Park and Woodlawn neighborhoods.
Essex Realty Group Principal Steven Livaditis exclusively represented the seller in the transaction, while Principal Jordan Gottlieb and Managing Director Rick Ofman represented the buyer.
Developed in 2023 by prominent Chicago developer Jason Vondrachek of Quest Realty Group, this boutique multifamily property features thoughtfully designed one- and two-bedroom residences with exceptional finishes rarely found in the surrounding submarket. The property also offers 25 parking spaces, including a heated garage and outdoor parking, as well as oversized private balconies and an impressive array of tenant amenities.
Located directly across from the University of Chicago and just one block from the CTA Green Line, 825 E. 61st Street offers residents convenient access to the University of Chicago Medical Center, Washington Park, the lakefront, and the Obama Presidential Center.
