Essex Realty Group Inc. recently facilitated the sale of 3801 N. Lincoln Ave., a 13-unit mixed-use building located in Chicago’s North Center neighborhood.
Director Rick Ofman along with principals Doug Imber and Kate Varde represented the buyer in this off-market transaction, which closed at a sale price of $2,675,000. This is the second mixed-use property the team has sold on Lincoln Ave in as many weeks: Imber, Varde, and Ofman also sold 4601 N. Lincoln Ave., a 27-unit property one mile north.
The property is prominently situated on the corner of Lincoln Avenue and Grace Street, two blocks south of the Irving Park L station. Additionally, the property is located within proximity to a slew of bars and restaurants, retail options, and grocery stores, including a Trader Joe’s directly across the street.