Essex Realty Group Facilitates Successful Sale of Corner Apartment Building in Old Irving Park

CHICAGO, ILLINOIS– Chicago-based multifamily brokerage firm Essex Realty Group, Inc., announced the sale of an apartment building at 4101 North Monticello Avenue, located in Chicago’s attractive Irving Park neighborhood.

The property is a corner building comprised of four (4) 2-bedroom/1-bathroom and three (3) 3-bedroom/1-bathroom units. Each of the spacious units boast laminate countertops, hardwood floors, large bathrooms, and access to outdoor space. Fully renovated in 2013, the building’s electric, plumbing, HVAC, porches, bathrooms, and kitchens are all up to date.

The transaction was completed with Essex Principals Jim Darrow and Jordan Gottlieb representing the seller and Essex Director Brian Keegan representing the buyer.

Irving Park is one of Chicago’s most desirable neighborhoods, offering an array of quaint coffee shops, local breweries, and a diversified dining scene. The property is located on the east side of Monticello Avenue, just north of Belle Plaine Avenue, and only 3 blocks to the beloved Independence Park, which provides access to indoor and outdoor activities year-round. 4101 N Monticello is also conveniently located less than one mile to the Irving Park Metra Station, Irving Park “L” Station, Kennedy Expressway, and near numerous bus stops.

“Beautiful corner buildings rarely come up for sale in the Old Irving neighborhood. Buyers were drawn to the large layouts of the apartments and the fantastic condition following the renovation in 2013.”said Jordan Gottlieb, Principal at Essex Realty Group, Inc.

Throughout the marketing phase, 4101 N. Monticello Ave. hosted over 13 tours, attracting significant interest from prospective buyers. The property garnered multiple offers, and ultimately sold for $1,470,000.