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| 1232--40 North Milwaukee, Chicago, IL |
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| Jim Darrow |
CHICAGO, ILLINOIS – Monday, October 07, 2013- Essex Realty
Group, Inc. is pleased to announce the sale of 1232-40 N. Milwaukee, in
Chicago, Illinois. The Subject Property
consists of four commercial condominiums constructed in 2006. The property contains +/- 4,275 net rentable
square feet and is currently divided into three (3) separate units.
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| Jordan Gottlieb |
The property benefits from its excellent location and
visibility on Milwaukee Avenue. The
property will also benefit from a new fifteen million dollar redevelopment
across the street which already has 100,000 SF of tenant commitments.
The area’s strong
demographics and popularity draws many national retailers including Chase Bank,
Bank of America, Dunkin Donuts, H & R Block, CVS, Starbucks, LA Fitness,
Foot Locker, and many more.
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| David Schwartz |
Jim Darrow
and Jordan Gottlieb of Essex represented the seller and David
Schwartz of Essex Represented the buyer in the transaction. The price was approximately $1,150,000.
Essex Realty Group,
Inc. specializes in the sale of investment real estate throughout the Chicago
metropolitan area.
For a complete copy of the
company’s news release, please contact:
Douglas Fisher
Essex Realty Group, Inc.
773.305.4910
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