Thursday, August 8, 2013

Essex Realty Group Brokers Sale Of 12-Story Apartment Building in Chicago, IL

  
The Lawrence House, 1020 West Lawrence Avenue, uptown Chicago, IL

Doug Imber
CHICAGO, IL -- Essex Realty Group, Inc. is pleased to announce the sale of 1020 W. Lawrence Avenue (The Lawrence House),  a 12-story apartment building located in Chicago’s  Uptown neighborhood.  Situated on the northeast corner of Kenmore and Lawrence Avenues, the property contains 371 apartments and five commercial spaces. 

The Lawrence House has currently operated as a Quasi-senior housing complex appealing to elderly adults seeking a living environment that promotes community cohesion.  Each apartment is furnished and includes weekly maid service that provides fresh linens and light cleaning.

Matt Welke
 The Lawrence House is comprised of 23 sleeper units, 334 studios, 13 one-bedrooms and one  two-bedroom/two-bathroom penthouse apartments. 

 Doug Imber, Matt Welke and Doug Fisher of Essex were the brokers in the transaction.  The price was approximately $7,500,000.

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

Doug Fisher
For a complete copy of the company’s news release, please contact:

Douglas Fisher
Essex Realty Group, Inc.
773.305.4910

Essex Realty Group, Inc.
2211 N. Elston Avenue, Suite 302
Chicago, Illinois 60614
773.305.4900

No comments:

Post a Comment