Essex Realty Group Brokers Sale Of New Construction, Multi-Family Building in Chicago,IL

Boulevard Place, Skokie, IL

CHICAGO, IL– Monday, March 18, 2013 - Essex Realty Group, Inc. is pleased to announce the sale of 8253-57 Skokie Boulevard (Boulevard Place), a new construction, multi-family elevator building located in Skokie, Illinois, approximately 15 miles north of Chicago’s Central Business District. 

 The property consists of 31 residential units, 2,996 square feet of retail space, and 55 parking spaces (43 garage, 12 exterior).

Matt Welke

Boulevard Place is situated on U.S. Route 41 (Skokie Boulevard), three miles south of the Westfield Old Orchard Mall and three blocks north of the Illinois Science & Technology Park. 

Jason Fishleder

The property’s convenient location offers easy access to the Edens  Expressway (I-94) and the new CTA Oakton-Skokie Yellow Line station one block south at the corner of Oakton Street and Skokie Boulevard.

The Subject Property consists of a unit mix of (1) one bedroom/one bath, (4) one bedroom/one and a half bath, (2) one bedroom/two baths, (3) two bedrooms/two baths, (15)  two bedrooms/two baths, (5) two bedrooms/two baths, (1) two bedrooms/two and a half baths and (2) Retail Units.

Douglas Fisher

Matt Welke, Jason Fishleder and Doug Fisher of Essex were the brokers in the transaction.  The price was approximately $5,700,000.

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

www.essexrealtygroup.com