Monday, August 29, 2011

Essex Realty Group Brokers Sale of Remaining Units in Eastgate Village in South Loop of Chicago



CHICAGO, IL --   Essex Realty Group, Inc. is pleased to announce the bulk sale of the remaining 26 residential units in the Eastgate Village (top left photo) development located in the South Loop area of Chicago.

The property is a master planned community constructed between 25th Street on the north, Martin Luther King Drive on the east, 26th Street on the south and Prairie Avenue on the west and just few blocks from the 31st Street beach off of Lake Michigan.

 The original project consisted of 107 newly constructed condominium and townhomes. The units sold by Essex included 10 condominiums and 16 townhomes.

 Jim Darrow and Jordan Gottlieb of Essex represented the seller and Matt Welke, also of Essex, represented the buyer. The price was approximately $4,100,000.

  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

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