Essex Realty Group, Inc. is pleased to announce the sale of 5026 N. Kimball Ave., a corner 39-unit courtyard apartment building located in Chicago’s North Park neighborhood. This property had been under the same ownership for almost 35 years and this was the first time the building publicly hit the market during that tenure.
The Subject Property consists of 21 two bedroom/one bathroom units; 9 one bedroom/one bathroom units; 4 two bedroom/one bathroom garden units; and 5 one bedroom/one bathroom garden apartments. More than half the units had been partially renovated and included newer kitchens and baths. In addition, each unit featured an individual furnace for heat.
Essex led an extensive marketing campaign, generating multiple written offers and creating a competitive bidding process.
North Park Neighborhood
- 39-Unit Vintage Courtyard Apartment Building
- Sold for the First Time in Almost 35 Years
- 21 Tours and 6 Offers
- Under Contract in Less than 30 Days
- Blocks From Both North Park & Northeastern Illinois University