Essex Realty Group, Inc., is pleased to announce the sale of 2202-2204 W. Race Ave., an extra-wide corner 6-unit apartment building located in Chicago’s much sought after Ukrainian Village neighborhood. The unit mix consists of six (6) extremely spacious 2 Bd/1 Ba units. The property also has basement space with attractive ceiling heights running the entire length of the building. The property has been owned by the same owner for more than 20 years, which provided investors with the opportunity to acquire a rarely available asset. Essex generated over 24 property tours with qualified investor groups and garnered 12 competitive offers in the process.
The property is situated on the northwest corner of the intersection of Leavitt Street and Race Street. The building is located within walking distance of several well-known Chicago destinations such as Tuman’s and Damen Tavern. In addition, the property is conveniently situated within 0.5 miles of the Western Metra Station and multiple CTA bus stops along Grand Avenue and Western Avenue.
- Essex Successfully Generated 24 Property Tours & 12 Offers
- Owned by Same Owner for More Than 20 Years
- 6-Unit Corner Apartment Building
- Significant Value-Add Investment
- Desirable Ukrainian Village/West Town Location
- Uniquely Large Apartment Layouts