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.
- Rarely Available Asset
- Twenty (20), 1Bd/1Ba Units
- 11.9 GRM on Current Income
- Significant Upside in Rents
- Adjacent to N. Shore Bike Path