Essex Realty Group Brokers the Sale of a Multifamily Building in Skokie, Illinois

CHICAGO, IL - Essex Realty Group, Inc. is pleased to announce the sale of 10111-10118 Old Orchard Ct. in Skokie, IL. The property consists of 16 bulk condominium units within Old Orchard Condominiums, a 72-unit condominium association within a larger residential community in Skokie, Illinois.

Old Orchard Condominiums consists of two three-story, red brick walk-up buildings and 16 parking spaces. The community in its entirety consists of five residential buildings; however, the two subject buildings (buildings 3 & 4) have been separated into condominiums and sold on an individual basis.

The property was constructed in 1961 and is extremely well-located 0.5 miles from Interstate 94, 1.5 miles from the Skokie Swift (CTA Yellow Line) and 2.5 miles from the Central Street Metra station in Evanston. Additionally, the property is conveniently located within walking distance from the Old Orchard Shopping Center, offering easy access to popular shops and dining destinations.

The sale price was approximately $1,775,000.

Matt Welke represented the seller and Justin Weber represented the purchaser.

Since its founding in 1990, Essex has grown to become the Chicago area’s premier investment real estate brokerage company. Our expertise, integrity, and consultancy approach has resulted in our achieving the leading market share and earning the confidence of Chicago’s most prominent real estate investors. If you are seeking to buy or sell multi-family, mixed-use, retail, or other investment real estate, or simply require market information, we are committed to providing you with the highest level of service possible.

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