CLOSED – MULTI-FAMILY
705 W Park Avenue Libertyville, IL 60048
PRICE
Call for details
NUMBER OF UNITS
20
PROPERTY LISTED

Essex Realty Group, Inc. is pleased to announce the closing of 705 W. Park Ave in Libertyville. The deal is another example of the continued demand for high-quality suburban properties. The property features 20 units and closed for $2,450,000 in an off-market transaction. At $122,500/unit, the deal represents the highest price per unit for a Libertyville vintage building in the last 24 months.

LOCATION DETAILS

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HIGHLIGHTS
  • Rarely Available Asset
  • Twenty (20), 1Bd/1Ba Units
  • 11.9 GRM on Current Income
  • Significant Upside in Rents
  • Adjacent to N. Shore Bike Path
LISTING BROKER
Brian Karmowski
Director
773.305.4892