After a 45-year hold, a 26-unit courtyard apartment building in Chicago’s Edgewater neighborhood has traded hands. The property at 1436-40 W. Thorndale sold for $3.45 million, $132,692 for each unit.
Triton Realty Group’s President and Managing Broker, Matthew A. Fritzshall and Senior Vice President, Harrison Cohen, facilitated the transaction.
Built in 1920, the property contains 26 spacious one-bedroom / one-bathroom apartments. The asset is adjacent to Senn High School. The building features many capital improvements, including a newer boiler system, well-maintained roof and updated common areas.
