Essex Realty Group Executes Successful Sale of 9-Unit Elmwood Park Building

CHICAGO, ILLINOIS — Chicago-based multifamily brokerage firm Essex Realty Group, LLC is pleased to announce the sale of a 9-unit apartment building located at 7719 W. Fullerton Ave., in the heart of Elmwood Park, one of the most sought-after suburbs in the Chicago metro area. The transaction was facilitated by Essex Principal Brian Karmowski, who represented the seller, and Essex Associate Karla Galva, who represented the buyer.

“Our targeted marketing campaign generated strong interest, resulting in numerous showings and a final sale price of $1,235,000 — a clear reflection of the strength and reach of the Essex platform. Elmwood Park continues to emerge as a high-demand rental market, characterized by limited inventory and strong investor interest.” said Karla Galva, Associate at Essex Realty Group, LLC.

This transaction highlights the opportunity to acquire a stabilized, well-located multifamily asset in one of Chicago’s most tightly held suburban submarkets. Elmwood Park’s unique blend of accessibility, strong local schools, and thriving commercial corridors continue to drive renter demand, making it one of the most resilient and sought-after rental markets in the greater Chicago area. The area’s enduring appeal lies in its ability to offer suburban comfort without sacrificing access to urban amenities—reinforcing its status as one of the metro’s most desirable rental destinations.

The classic garden-style building is comprised of nine total apartments, including one (1) 1 Bed/1 Bath units and eight (8) 2 Bed/1 Bath units, offering a well-balanced unit mix suited to a wide tenant base. The property also includes six exterior surface parking spaces, an attractive amenity for suburban renters. The building features a variety of unit finishes and mechanical updates, including galvanized plumbing with copper upgrades, newer vinyl windows throughout, and common laundry facilities.

Elmwood Park is a vibrant, close-knit village known for its tree-lined residential streets, diverse housing stock, and deep-rooted community character. Strategically located just 0.3 miles from the Elmwood Park Metra station and approximately 10 miles northwest of downtown Chicago, the property offers residents seamless access to public transportation, retail corridors, and local dining destinations. The suburb spans just under two square miles and with close proximity to the Metra, CTA bus routes, major expressways (I-90/I-294), and O’Hare International Airport, Elmwood Park continues to attract a stable and growing renter base.

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

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