CHICAGO, IL - Essex Realty Group, Inc. is pleased to announce the sale of 1832-42 N. Humboldt, a 45-unit courtyard building located in Chicago’s Logan Square neighborhood. The property is situated on the west side of Humboldt Blvd., four blocks south of the newly renovated Palmer Square Park. Public transportation is easily accessible via the CTA Western-O’Hare Blue Line station located six blocks to the east. Additionally, several bus stops are located along Armitage and North Avenues.
The Subject Property consists of six (6) 1bed/1bath units, twenty-five (25) large 1 bed/1 bath units and fourteen (14) 2 bed/ 1 bath units.
Doug Imber, and Kate Varde of Essex were the brokers in the transaction. Jill Sickle of Hanover Hamilton Investments purchased the property for approximately $4,775,000.
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 enable us 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.