CHICAGO, IL - Essex Realty Group, Inc. is pleased to announce the sale of 4706 N. Beacon Street, a 44-unit apartment building located in Chicago's Sheridan Park neighborhood, a sub-market of Uptown.
The unit mix consists of six (6) studio, thirty-five (35) 1 Bd/1 Ba, and three (3) 2 Bd/1 Ba apartments.
The property was fully renovated in 2007, including all major building systems (electric, plumbing, roof, windows, etc.). Additionally, a new boiler was installed in 2013 and the owner installed all new steam pipes in 2017. All units feature laminate hardwood and carpeted floors, granite or quartz countertops, black appliances, new cabinets and ceiling fans.
4706 N. Beacon is located a few blocks from the newly renovated Wilson and Lawrence CTA Stations (Red Line) and the Ravenswood Metra Station (Union Pacific North).
The sale price was approximately $6,100,000.
Doug Fisher represented the seller and Doug Imber & Kate Varde represented the buyer.
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.