Essex Realty Group Brokers Sale of Mixed-Use Apartment Building in Chicago

CHICAGO, IL - Essex Realty Group, Inc. is pleased to announce the recent sale of 2744 N. Lincoln Avenue, a brick mixed-use property located in the Lincoln Park neighborhood. The property is situated on the western side of Lincoln Avenue just south of the heavily trafficked intersection of Diversey Parkway and Lincoln Avenue. The building is conveniently located in close proximity to both the Fullerton & Diversey L Stop providing easy access to the Brown, Purple, and Red CTA lines.

The 4,200 square foot building contains: 2,100 square feet of retail space on the first floor and a 2,100 square foot loft style apartment on the second floor. The loft apartment features floor-to-ceiling windows, exposed brick, and a washer & dryer hookup. The retail space is currently being used by the owner but will be vacant by closing.  Both units are individually equipped with HVAC systems and in-unit circuit breakers. There is also a two and half car garage at the rear of the property.

Jim Darrow and Jordan Gottlieb were the brokers in the transaction. The sale price was approximately $620,000.

Essex Realty Group, Inc. specializes in the sale of investment real estate throughout the Chicago metropolitan area.