Sheridan Park Apartment Building on the Market for Just One Week
January 14, 2020

Essex Realty Group, Inc., a leading mid-market brokerage firm based in Chicago, is pleased to announce the sale of 4637 N. Dover St., a six-unit, fully renovated apartment building in Chicago’s Sheridan Park neighborhood.

The seller, Rany Management, a local property management firm, was represented by Essex Principal Doug Imber, Principal Kate Varde and Director Clay Maxfield. Maxfield notes, “the sellers were seeking to divest the asset in order to consolidate their portfolio and take advantage of the strong demand for quality properties in desirable neighborhoods.” The property went under contract after just one week on the market and sold less than 45 days later for approximately $1,650,000.

Renovated in 2011 the property features new electric service, a new roof, new windows, new copper plumbing, individual HVAC and individual hot water tanks. In addition, units feature new drywall, new bathrooms, modern kitchens with stainless steel appliances, granite or quartz counter-tops, and in-unit laundry. The property is also situated less than ½ mile from the Wilson CTA Station servicing the Red and Purple Lines. 

Tagged in this post: Clay Maxfield