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| Matt Welke |
CHICAGO, IL, June 5, 2014 - Essex Realty Group, Inc. is
pleased to announce the sale of 7900-20 N. Caldwell Ave., a 60-unit apartment
complex located in Niles, Illinois.
The property consists of three (3) 20-unit buildings
positioned around a communal grass courtyard with paved walkways leading to
each building.
Situated on the west side of Caldwell Avenue just south of
Oakton Street, the complex is approximately three (3) miles west of the new CTA
Skokie Swift Station (Yellow Line) located at the corner of Skokie Boulevard
and Oakton Street.
In addition, the
property is within walking distance of the Golf View Recreational Center to the
south and the St. Paul Woods Forest Preserve to the north.
Built in 1968, the
property has been well-maintained under current ownership and includes mostly
newer double-pane windows and copper plumbing throughout.
 |
| Jason Fishleder |
Apartment interiors
feature newer white appliances in kitchens, ceramic tile floors and mirrored
medicine cabinets in bathrooms, and laminate floors and wall-mounted air
conditioning sleeves in living rooms. Individual storage lockers and exterior
parking are available on site and included in rent.
Matt Welke and Jason Fishleder represented the
seller and Doug Fisher represented the buyer in the transaction. The
sale price was approximately $4,500,000.
Essex Realty Group, Inc. specializes in the sale of
investment real estate throughout the Chicago metropolitan area.
For a complete copy of the company’s news release, please
contact:
Douglas Fisher
Essex Realty Group, Inc.
773.305.4910
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