Chicago-based multifamily brokerage firm Essex Three-Twelve, LLC. closed the sale of 612 W. Stratford Place, a five-unit apartment building in Chicago’s Lakeview neighborhood.
The property is comprised of spacious three, two, and one-bedroom units, all of which feature luxury amenities such as hardwood floors, stainless steel appliances, quartz countertops, individual HVAC, and in-unit laundry, along with private outdoor spaces and access to a shared backyard. The building underwent a gut renovation that concluded in 2020 receiving new electrical, plumbing, HVAC, laundry, and kitchen and bathroom appliances.
Situated in prime Lakeview, 612 W. Stratford Pl. is just steps away from the CTA Red and Purple “L” lines, several bus stops, less than a block from Lake Michigan, and just over half a mile from Wrigley Field, giving tenants easy access to games and the vibrant Wrigleyville nightlife.
Throughout the marketing phase, the building attracted significant interest from prospective buyers, demonstrating the property’s desirability in the popular Lakeview submarket. Ultimately, the property sold for $2.715MM.
