CHICAGO, IL - Essex Realty Group, Inc. is pleased to announce the sale of 1906 W. Summerdale Avenue is a center-entrance six-unit apartment building located in Chicago’s Bowmanville neighborhood, a sub-market of both Ravenswood and Andersonville.
Steve Livaditis & Joe Scheck listed the property on behalf of the Seller and Doug Imber & Kate Varde represented the Buyer. Within 3 weeks of marketing the property, Essex generated over 25 property tours and 6 offers to purchase the real estate.
The unit mix consisted of six (6) 1 Bed/1 Bath apartments with identical floor plans. The apartments were extremely spacious providing perhaps the biggest one-bedroom units in the market. The buyer plans on renovating the apartments.
The sale price was $1,005,000.
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.