Essex Realty Group Brokers the Sale of 8 Units in Logan Square
November 05, 2019

3332-3334 W. Palmer St. is an 8-unit multi-family property in Chicago’s popular Logan Square neighborhood. The property sits on a double lot (50 x 150 SF) with parking for 8 cars. It was built in 2009 and the kitchens features stainless steel appliances, granite countertops, and espresso cabinets. The units also feature washer/dryer in-unit and central heat and air.

The property is located on the northeast corner of Kimball Ave. and Palmer St., just west of the Logan Square Boulevards Historic District, a beautiful tree lined linear historic district in Logan Square. It is conveniently located less than one mile from the California Blue Line CTA Station and numerous bus stops and Divvy Bike stations.

“It has been incredible to watch the growth of Chicago’s Logan Square neighborhood over the last decade. For example, our client purchased 3334 West Palmer back in 2010 for $615,000. Closing a sale of this property 10 years later for $2,650,000 is a direct reflection of the tremendous growth the neighborhood has seen. Congrats to all parties involved,” said Essex Director Jordan Multack.

Local Chicago investor group Breneman Acquisitions purchased the property for $2,650,000.

Jim Darrow, Jordan Gottlieb, and Jordan Multack were the brokers on the transaction.

Tagged in this post: Jim Darrow, Jordan Gottlieb, Jordan Multack