Essex Realty Group Brokers Sale of Six-Building Apartment Portfolio

CHICAGO, IL, May 31, 2011.   Essex Realty Group, Inc. is pleased to announce the sale of a portfolio consisting of 6 apartment buildings totaling 249 units located on Chicago’s south and southwest sides.

Neighborhood              Address                                               # of Units

Marquette Park            6656-58 S. Sacramento                                85

Avalon Park                 8054 S. Ingleside                                             45

Avalon Park                 8061 S. Cottage Grove                                    29

Grand Crossing            7600-34 S. Stewart (3 separate bldgs.)        62

Grand Crossing            7121 S. Harvard                                                13

South Chicago             7922 S. Muskegon                                              15

Doug Imber (top right photo) of Essex represented the seller and Matt Welke and Doug Fisher (lower left photo) also of Essex, represented the buyer. The price for the portfolio was approximately $3,300,000.

 Essex Realty Group, Inc. specializes in the sale of investment real estate throughout the Chicago metropolitan area.

Contact: Douglas S. Imber, Essex Realty Group, Inc., 773.305.4902

dougimber@essexrealtygroup.com