CHICAGO, IL - Essex Realty Group, Inc. is pleased to announce the sale of 1270 N. Milwaukee, a three unit Mixed-Use building located in Chicago's Wicker Park neighborhood. The property is situated on Milwaukee Avenue just steps from the intersection of Paulina and Milwaukee, and is conveniently located a block north of the CTA Division Blue Line Station.
This attractive yellow brick building has two renovated rental units that feature spacious floor plans with two bedrooms and a den, a large living room with exposed brick, newer island kitchens, central air, private iron balconies, and enclosed parking.
The subject property features a unit mix of two 2-bedrooms plus den, two bathrooms each and 1,600 square feet of retail space.
Jim Darrow and Jordan Gottlieb of Essex were the brokers in the transaction. The price was approximately $1,100,000.
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.