Essex Closes Notable Humboldt Park Apartment Property

Chicago-based multifamily brokerage firm Essex Realty Group, Inc. recently facilitated the sale of 3126-3134 W. Walton Street located in Chicago’s popular Humboldt Park neighborhood.

The seller, a local investor, hired Essex Principals Jim Darrow and Jordan Gottlieb to exclusively market the property for sale. The property sold to a local investor for $3,850,000. At $240,625 per unit this represents the highest price per unit achieved for a multifamily transaction in the last two years in Humboldt Park, according to Co-Star Comps.

Completed in 2010, 3126-3134 W. Walton Street is comprised of four adjacent four-unit buildings. The spacious two- and three-bedroom units include hardwood floors, gourmet kitchens with stainless steel appliances and granite countertops, plus in-unit laundry. These perfect work-from-home apartment units all also feature outdoor space, with front and rear decks plus access to shared rooftop decks complete with city skyline views. The property is conveniently located less than two blocks from Humboldt Park, Chicago’s popular 197-acre park featuring a historic lagoon and boat house.