CHICAGO, IL - Essex Realty Group, Inc. is pleased to announce the sale of 1257-1310 W. Lunt, two vintage corridor style apartment buildings located across the street from one another in Chicago's Rogers Park neighborhood. The subject properties consist of 54 apartments in 1257 W. Lunt and 56 apartments in 1310 W. Lunt. Combined the Apartment Unit Mix consists of seventy-nine Studios and thirty 1 bed/1 bath, and one 2 bed/1 bath.
Doug Imber and Kate Varde of Essex were the brokers in the transaction. The price was approximately $6,500,000.
Essex Realty Group, Inc. specializes in the sale of investment real estate throughout the Chicago metropolitan area. Since its founding in 1990, Essex has carved a unique niche, focusing exclusively on the brokerage of investment properties valued between $1 million and $30 million, with a strong emphasis in multi-family, retail and shopping center sales.
Our specialization enables us to track and interpret market data quickly, thoroughly and accurately. Utilizing this information, we are able to provide our clients with guidance on property valuations and effective marketing strategies. Our goal is to maximize both property selling prices and buying opportunities, yielding an unmatched rate of customer satisfaction. This success is evidenced by the fact that nearly half our business is with repeat clients, including many of Chicago's top real estate investors.