Essex Tapped To Sell Three Multifamily Assets In Lakeview

March 15, 2022

Chicago-based multifamily brokerage firm Essex Realty Group, Inc. has been selected to exclusively market three Lakeview multifamily properties – 1224 W. Oakdale Avenue, 3100 N. Racine Avenue, and 3511 N. Reta Avenue.

1224 W. Oakdale Avenue is a four-unit apartment building located in the heart of Chicago’s Lakeview neighborhood. The unit mix is comprised of two- and three-bedroom floorplans. The apartments feature a mix of white and stainless-steel kitchen appliances, in-unit laundry, and individual HVAC. The units also feature hardwood and vinyl flooring in kitchens and common spaces, tile in bathrooms, and mostly carpeted bedrooms. Three units feature private or semi-private outdoor space. The property presents investors with multiple value-add opportunities. There is potential for a new owner to bring rents to market or renovate the building to capture rental upside. 1224 W. Oakdale Avenue is currently listed at $1,185,000 by the team of Doug Imber, Kate Varde, Jaimie Steinher, Dan Shepherd and Rick Ofman.

Since 1990, Essex Realty Group, LLC has served Chicago’s investment real estate market as a top multifamily brokerage firm. Contact us today to learn more about our recent multifamily and mixed-use property sales, or click HERE.

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