CHICAGO, IL - Essex Realty
Group, Inc. is pleased to announce the sale of 1261-1301 W. Argyle and
1338-1354 W. Argyle.
1261-1301 W. Argyle St.
and 1338 - 1354 W. Argyle St. (Argyle Street Properties) are located in
Chicago’s Uptown Neighborhood.
The Properties consist of 60 studios, 96
one-bedrooms, one two-bedroom/two-bath, and one three-bedroom one and one-half
bath units. The Properties have been professionally managed and stabilized with
significant attention given to correcting inherited deferred maintenance
issues.
Evidencing this is the fact the buildings have
operated at or above 95% occupancy for the past five months.
1261-1301 W. Argyle sold
for $6,545,000 and 1338-1354 W. Argyle sold for $10,580,000.
Doug Imber
and Kate Varde were the brokers on
the transaction.
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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