Just Listed: 42-Unit Vintage Courtyard in Edgewater Represented by Essex Realty Group, Inc.

CHICAGO, ILLINOIS—Essex Realty Group, Inc., has been exclusively engaged to market for sale 1723-1725 W. Thorndale Ave., a prominent 42-unit vintage courtyard apartment building located in Chicago’s Edgewater neighborhood, just two blocks from the soon-to-open Peterson Ridge Metra Station.

The Property has been owner managed for nearly 30 years. It consists of 12 studios and 30 one-bedroom apartments, 12 of which could be easily converted to 2 bedroom units.

Listed by Essex Realty Group Principals Doug Imber, Kate Varde, and Steve Livaditis, along with Managing Director Matt Feo, 1723-1725 W. Thorndale Avenue offers the opportunity to capitalize on below-market rents and the increased demand from the new Metra station.

According to Feo, “Courtyard buildings of this caliber are consistently sought-after and seldom found in prime Northside locations, making this listing a standout opportunity. Meticulously maintained over the years, the property boasts striking curb appeal and spacious apartments with great natural light and exceptional layouts. ”

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Since 1990, Essex Realty Group, LLC has served Chicago’s investment real estate market as a top multifamily brokerage firm, specializing in Chicago multifamily for sale properties. Contact us today to learn more about our recent multifamily and mixed-use property sales, or click HERE.

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