Sale of Apartment Building Located in Chicago’s Historic District Brokered by Essex Realty Group

CHICAGO, IL - Essex Realty Group, Inc. is pleased to announce the sale of 1947 N. Bissell a fully occupied, six-unit apartment building located in Chicago's Sheffield Historic District, a highly desirable area of the Lincoln Park neighborhood.

The building is well located near the Armitage commercial district, which contains many boutique style shops as well as numerous dining and nightlife options.  Public transportation is easily accessible via the CTA Armitage Brown Line and bus routes along Armitage and Halsted.

The Building consists of a unit mix of (1) one bedroom/one bath and (5) two bedrooms/one bath.

Doug Imber and Kate Varde of Essex were the brokers in the transaction.  The price was approximately $1,150,000.

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.

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