CHICAGO, IL– Nov. 29, 2011 - Essex Realty Group, Inc. is pleased to announce the sale of Oak Knoll Apartments (top left photo), a 98 unit Multi-Family Apartment Community located in Cary, Illinois.
Oak Knoll Apartments consists of four two-story apartment buildings, comprised of 59 one bedroom, 36 two bedroom, 2 three bedroom, and one studio apartment. In addition, there are 45 garages, 118 uncovered parking spaces, and an outdoor pool.
The property is well located just one-half mile from U.S. Route 14 (Northwest Highway), Cary’s main Business District, and the Metra train station serving Chicago.
Doug Imber and Mike Tetrick of Essex were the brokers in the transaction. The price was approximately $6,500,000.
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
www.essexrealtygroup.com
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