CHICAGO, IL - Essex Realty Group, Inc. is pleased to announce the sale of 7031 N. Ridge Avenue, a thirteen unit, walk-up building located in Chicago's Rogers Park neighborhood. The property is situated on the southeast corner of Ridge and Greenleaf Avenues, just three blocks west of the Rogers Park Metra Station and numerous CTA bus routes along Clark Street; additionally, the Morse CTA Red Line Station is located one mile east of the Subject Property.
The Subject Property includes a mix of five (5) one bedrooms and eight (8) two bedrooms with new porches and a new boiler.
Doug Imber and Kate Varde represented the sellers and Matt Welke represented the purchaser. The price was approximately $1,130,000.
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.