Connect CRE Chicago

Uptown Apartment Sale Reflects Neighborhood’s Transformation

August 02, 2021

Essex Realty Group brokered the $1.635-million sale of 921 W. Wilson Ave., a six-unit multifamily property in the North Side’s Uptown neighborhood. The property is located a few blocks east of the newly renovated Wilson CTA station.

The seller, a local investor, hired the team of Doug Imber, Kate Varde, Jaimie Steinher and Dan Shepherd to market the property for sale. The property sold to a local developer within 10 weeks. Essex director Matt Feo represented the buyer.

“This was a unique offering,” said Feo. “921 W. Wilson is situated in a premium location in a rapidly transforming neighborhood. The buyer was attracted to this investment opportunity due to the great location, spacious apartment floorplans, extra-large lot size and future redevelopment potential.”

Steinher added, “Uptown’s transformation into a premier lakefront neighborhood is continuing to gain steam thanks to an influx of private and public investment.”

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

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