Essex Realty Group Brokers the Sale of a 4-Unit Building in Avondale

Essex Realty Group, Inc. is pleased to announce the sale of 3401 N. Hamlin Ave.

3401 N. Hamlin Ave. is a 4-unit, apartment building located in Chicago’s Avondale neighborhood. The apartments are currently vacant, much of the demolition has been completed, and the building is ready for renovation. The current layouts include two 2Bd/1Ba units and two 3Bd/1Ba units, however, there may be an opportunity to reconfigure the units to add additional bathrooms, to create more open floor plans, or to duplex into the basements. In addition, the Property features a one-car garage.

The building is situated in a quiet residential neighborhood with easy access to public transportation and the I-90/94 expressway. The Addison CTA Blue Line Station and Kennedy Expressway are located less than 0.3 miles from the Subject Property providing easy access to the City and Suburbs. The Property is also within proximity to several CTA bus stops.

The sale price was approximately $420,000.

The brokerage team comprised of Doug Imber, Kate Varde, and Clay Maxfield represented the seller and Jim Darrow and Jordan Gottlieb represented the buyer on the transaction.