PROPERTY LISTED
Essex Realty Group, Inc. is pleased to announce the sale of 10207-10217 Chestnut Avenue, two neighboring 12-unit apartment buildings on a single parcel in the highly desirable suburb of Franklin Park. Both properties are comprised of all 1Bd/1Ba units. The properties have been meticulously maintained by the same over for over 15 years, and recent capital improvements allow a new owner to focus on adding value through cosmetic updates.
Essex led an extensive marketing campaign resulting in the property going under contract after just 10 days on the market. The property sold over list price to a local investor.
LOCATION DETAILS
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HIGHLIGHTS
- Rarely Available (2) Adjacent 12-unit Properties On One Parcel
- Impeccably maintained by long term ownership
- Fully Occupied With Numerous Value-add Options
- New Tear-off Roofs & Vinyl Windows In Last 5-years
- Prime rental location in Franklin Park