Essex Realty Group, Inc. is pleased to announce the sale of 2453-57 W. Fargo Ave., a 13-unit corner apartment building in Chicago’s West Ridge neighborhood. The unit mix consists of one (1) studio, eleven (11) 1 Bd/1 Ba and one (1) 2 Bd/1 Ba units. Further, four (4) of the thirteen (13) units have been updated. In addition, the property features a rear courtyard with large common lawn space and six (6) garage parking spaces. The building is situated on the southeast corner of Fargo and Campbell Avenues in West Ridge, just steps from a multitude of shops and restaurants along Western Avenue and Howard Street.
Essex led an extensive marketing campaign resulting in 20+ tours and multiple offers. The property sold above list price.
Known as one of Chicago’s most historically and culturally abundant neighborhoods, West Ridge has become a cherished community that boasts thriving retail lining Devon Avenue, historic mansions along Ridge and Lunt Avenues, cultural institutions such as St. Scholastica Academy and one of the highest per capita incomes on the North Side of Chicago.
The subject property is situated in a uniquely desirable pocket of the West Ridge neighborhood surrounded by single-family homes and relatively low apartment density. With many local restaurants, bars, and shopping options and close proximity to several schools, parks, and public transportation, the convenient location of this property has contributed to its historically long-term and loyal tenancy.
- 20+ Tours
- Under Contract Within 2 Weeks
- Sold Above List Price
- Multiple Value-Add Opportunities
- Corner Lot Located in Low Density Pocket Near Evanston
- Extremely Well-Maintained Property
- Six (6) Garage Parking Spaces