Essex Tapped To Sell North Side Corner Mixed-Use Building

June 24, 2022

Chicago-based multifamily brokerage firm Essex Realty Group, Inc. has been selected to exclusively market for sale 7131-7133 N. Ridge Boulevard, a mixed-use property located on the corner of Ridge Boulevard and Touhy Avenue in Chicago’s Rogers Park neighborhood.

7131-7133 N. Ridge Boulevard is a stately 22-unit corner building comprised of 20 apartment units and two retail spaces. The unit mix consists of studio, one- and two-bedroom floorplans. The property provides an investor with the opportunity to significantly increase rents by making updates to the vintage unit interiors. The property is offered for sale at $3,490,000 by the Essex team of Doug Imber, Kate Varde, Jaimie Steinher, Dan Shepherd and Rick Ofman.

7131-7133 N. Ridge Blvd. is conveniently located steps from multiple bus routes along Touhy and Rogers Avenues. The Rogers Park UP-N Metra station is only 0.5 miles from the Subject Property, providing residents with easy access throughout Chicago. In addition, neighborhood residents enjoy a variety of bar and restaurant options, boutiques, and parks.