Essex Brokers Waukegan Multifamily Property In Under Three Months

Chicago-based commercial real estate brokerage firm Essex Realty Group, Inc. is pleased to announce the sale of 2058 Linden Avenue, a six-unit multifamily property located in the Lake County suburb of Waukegan, IL.

Essex Director Anthony Citriglia was the broker on the transaction. The property was released to the market in mid-February and was placed under contract just two weeks later. The property closed approximately eight weeks later for $354,000.

“Waukegan is a hot market because the low price per unit makes it easy for investors to gobble up deals. At 2058 Linden for example, we conducted only three tours, received three competing offers, and put the property under contract after just two weeks on the market. The timeline from listing to closing was less than 90 days,” explains Citriglia.

2058 Linden Avenue is conveniently located just north of Golf Road providing tenants easy access to nearby shops and restaurants. In addition, the property is a short drive to Waukegan’s lakefront beaches, numerous golf courses, and beautiful parks including the Illinois Beach Nature Preserve.

Essex Realty Group, Inc. is a leading mid-market brokerage firm that specializes in the sale of investment real estate throughout the Chicago metropolitan area. Visit www.essexrealtygroup.com for access to our multi-family listings and more information.