CHICAGO, IL - Essex Realty Group, Inc, is pleased to announce the sale of 1234 N. Cleaver Street, a gut-rehabbed walk-up apartment building located in Chicago's Wicker Park neighborhood. The property is situated on the west side of Cleaver Street, one block north of Division Street and in close proximity to the Division/Milwaukee/Ashland 6-way intersection.
The Subject Property consists of 11 two-bedroom apartments with a unit mix of three front 2 bedroom/1 bath, three middle 2 bedroom/1 bath, three rear 2 bedroom/1 bath and two garden 2 bedroom/1 bath Units.
Jason Fishleder, Doug Fisher and Matt Welke of Essex represented the sellers and Doug Imber and Kate Varde represented the buyers in the transaction. The price was approximately $1,750,000.
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.