CHICAGO, ILLINOIS - Essex Realty Group, Inc. is pleased to announce the sale of 1246 W. Pratt Blvd. (The Astor House), a 13-story, 124-unit corridor apartment building located in Chicago's Rogers Park neighborhood and only two blocks from Loyola University. The building is situated just west of Sheridan Road, less than two blocks west of Lake Michigan.
The Subject Property consists of a unit mix of nineteen studios, twenty-three large studios, fifty-three 1 bedroom/1 bath, twenty-five large 1 bedroom/1 bath, three 2 bedroom/1 bath and one penthouse.
Doug Imber, Doug Fisher and Matt Welke of Essex were the brokers in the transaction. The price was approximately $7,000,000
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 of our business is with repeat clients, including many of Chicago's top real estate investors.