Essex Closes 5-Unit Mixed Use Building in Pilsen
Chicago-based multifamily brokerage firm Essex Realty Group, Inc. recently facilitated the sale of 1848 South Blue Island Avenue, a 5-unit mixed-use building located in Chicago’s popular Pilsen neighborhood.
The seller, a local investor, hired the brokerage team of Jim Darrow & Jordan Gottlieb to exclusively market the property for sale. Essex led an extensive marketing campaign resulting, ultimately, in selling the property to a local investor for $1,365,000.
“The 1800 block of Blue Island is perfectly situated to capitalize on Pilsen’s explosive growth being nearly equidistant from the L station to the west and the nightlife to the east,” explains Essex Principal, Jordan Gottlieb, who led the sales initiative.
The three-story property consists of 4 apartments and one retail storefront and was completely renovated over the past few years. The apartments feature in unit laundry, stainless steel appliances, quartz counters and central HVAC.Read Full Article at RE Journals Read Full Article at Connect CRE