Essex Realty Group Brokers the Sale of a Multifamily Building in Chicago, Illinois

CHICAGO, IL - Essex Realty Group, Inc. is pleased to announce the sale of 500 W. Belden Ave. in Chicago, Illinois, an eleven unit, multi-family property situated on the northeast corner of Cleveland and Belden Avenue.

The property is located within walking distance of beaches, parks, and recreation along Lake Michigan’s shore and steps from the abundant restaurants and shops of the Clark, Lincoln, and Armitage Avenue commercial corridors. Conveniently located near public transportation, the property is situated one half-mile from the CTA Fullerton “El” station that services the red, brown, and purples lines.

The sale price was approximately $2,350,000.

Doug Imber and Kate Varde were the brokers on the transaction.

Since its founding in 1990, Essex has grown to become the Chicago area’s premier investment real estate brokerage company. Our expertise, integrity, and consultancy approach has resulted in our achieving the leading market share and earning the confidence of Chicago’s most prominent real estate investors. If you are seeking to buy or sell multi-family, mixed-use, retail, or other investment real estate, or simply require market information, we are committed to providing you with the highest level of service possible.

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