Essex Realty Group, Inc. is proud to announce the sale of 3332-3334 West Palmer Street, an 8 unit multi-family property in Chicago’s popular Logan Square neighborhood. The property sits on a double lot (50 x 150 SF) and features parking for 8 cars. This property was built in 2009 and features stainless steel appliances, granite countertops, espresso cabinets, plus washer/dryer in-unit and central heat and air. Essex generated 17 property tours which resulted in 7 offers to purchase the property. The property ultimately closed within 3 months of the list date.
Logan Square is located approx. 3 miles northwest of Chicago’s Loop. In the past few years the area has enjoyed booming growth in population and popularity with Chicago’s residents, as evidenced by the opening of a variety of new retail developments and popular new bars and restaurants. Known for its historical architecture, scenic boulevards, and expansive parks, Logan Square is regularly regarded as one of Chicago’s most sought after neighborhoods.
The property is located on a large lot measuring approx. 50 x 150 FT on the northeast corner of Kimball Avenue and Palmer Street, just west of the Logan Square Boulevards Historic District, a beautiful tree lined linear historic district in Logan Square. The property is also conveniently located less than one mile from the California Blue Line CTA Station and in close proximity to numerous bus stops and Divvy Bike stations. The closest 606 Bloomingdale Trail access point is 0.7 miles south on Drake. The 606 Bloomingdale trail is a 2.7 mile long trail connecting Logan Square, Humboldt Park, Bucktown and Wicker Park and designed to “bring together arts, history, design, trails for bikers, runners, and walkers, event spaces, alternative transportation avenues, and green, open space for neighbors, Chicagoans, and the world.” 1
1. https://www.the606.org/about/story/
- Essex Realty Group, Inc. generated 17 property tours and procured 7 offers
- Closed within 3 months of list date
- Newer construction building on prime Palmer Boulevard in Logan Square
- Approx. 1,500sf to 2,500sf apartments with master suites, large living spaces, & back decks
- Individual HVAC, hot water tanks and laundry in each unit
- 8 exterior parking spaces in rear
- Future upside in selling units as individual condominiums