Wednesday, July 9, 2014

Essex Realty Group Brokers the Sale Of 96-Unit Mixed-Use Apartment Building in Chicago, IL


James Darrow
CHICAGO, IL, July 9, 2014 - Essex Realty Group, Inc. is pleased to announce the sale of The Shelby at 2300 S. Michigan, a 96-unit new construction, mixed-use apartment building located in Chicago, Illinois.

 The property is situated on Michigan Avenue and is one block west of McCormick Place, the largest convention center in the United States, and is in the center of the new Motor Row Entertainment District.  The Illinois Institute of Technology, The Illinois College of Optometry, Soldier Field and Museum Campus are in close proximity as well.

The property’s convenient location offers easy access to I-55, I-90, I-94, Lake Shore Drive, Cermak-Chinatown Red Line station, the McCormick Place Metra Stations and numerous CTA bus stops.

Jordan Gottlieb
 Jim Darrow and Jordan Gottlieb were the sole brokers for the transaction. The sale price was approximately $25,200,000.
 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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