CHICAGO, IL, Dec. 7, 2011- Essex Realty Group, Inc. is pleased to announce the sale of 4875 N. Magnolia (top left photo), a 75-Unit building located in Chicago’s Uptown neighborhood. The property is located two blocks away from the corner of Broadway and Lawrence Avenue, offering easy access to shops, restaurants and other attractions in the heart of Uptown.
The Property is a vintage corridor building with studio, one-bedroom and two-bedroom units. Additionally, there are three 3-bedroom penthouse units on the top floor.
Matt Welke (lower right photo) and Doug Fisher (lower left photo) of Essex were the brokers in the transaction. The price was approximately $2,250,000.Essex Realty Group, Inc. specializes in the sale of investment real estate throughout the Chicago metropolitan area.
For more information, please call Doug Imber at 773.305.4902 or e-mail him at dougimber@essexrealtygroup.com.
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