CHICAGO, IL - Essex Realty Group, Inc. is pleased to announce the bulk sale of 254 units within Scenic Tree Condominiums (10205 S. 86th Terrace) in Palos Hills.
Scenic Tree Condominiums is a multi-family garden unit community consisting of 448 total units in Palos Hills, IL. The Condominiums are situated on the northeast corner of 86th Avenue and 103rd Street. The property is within short walking distance of the Green Hills Public Library, Oak Ridge Elementary School and Osborne Park. In addition, the property is located one mile south of the Hickory Hills Golf Club and less than one mile east of the expansive Palos Fen Nature Preserve.
The sale price was approximately $17,100,000.
Doug Fisher represented the purchaser and Matt Welke and Jason Fishleder represented the seller.
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.