Essex Realty Group Brokers the Sale of 23 Units in Edgewater

September 26, 2019

6100-6104 N. Paulina St. consists of twenty-three (23) apartments comprised of two (2) Studio, two (2) 1 Bed/1 Bath and nineteen (19) 2 Bed/1 Bath units.

The property is a red brick, walk-up apartment building located in Chicago’s Edgewater neighborhood, just north of Andersonville. Situated just northwest of the Clark St./Ridge Ave. intersection. The Granville and Thorndale Red Line stations only six blocks to the east, as well as the numerous bus routes along Clark St. This location offers residents easy access to plenty of public transportation, and the proximity to Andersonville provides residents with plenty of shops, bars and restaurant options to explore.

Essex Realty Group, Inc. was exclusively engaged to market the property for sale and had successfully generated over 30+ property tours which resulted in several offers from the investment community. The property ultimately traded for $2,350,000 and the purchaser intends to reinvest another $1,000,000+ into renovations to appropriately reposition the asset.

Matt Feo of Essex Realty represented the seller and both Matt Feo & Doug Fisher represented the buyer on the transaction.

Tagged in this post: Matt Feo