Essex is pleased to announce the sale of 8200 S. Maryland Avenue. This multifamily investment is located in the Chatham neighborhood of Chicago. Only 12 minutes form Chicago’s Loop, this location is excellent for commuting to and from the city.
The Chatham neighborhood is located eleven miles from the Chicago’s Business District “the Loop”. The University of Chicago as well as Chicago State University are a quick 10 minute drive away with a direct route on accessible Cottage Grove Avenue. Conveniently located near public transportation with a bus stop 440 feet from the doorstep, Metra Stop (Avalon Park) and the Red “L” train makes this neighborhood easy to navigate. Chatham’s boundaries are 79th Street to the north, 91st Street to the south, Holland Rd to the west and Dauphin Ave to the east. Originally settled in 1850’s by the early 1860’s Chatham experienced a renaissance in the late 1970s, as several segments of the neighborhood were designated as historic districts by the city and new residential construction began to replace vacant lots. By the late 1990s, families were moving back into the area. Many of these beautiful 1920s homes and apartment buildings are what give this neighborhood is characteristic charm.
The proximity to Multiple modes of transportation, Jackson Park, Chicago State University, Hyde Park’s University of Chicago and to downtown makes this a very attractive rental area for prospective tenants.