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