Essex Realty Group Brokers the Sale of a Land Development Opportunity in Chicago

CHICAGO, IL - Essex Realty Group, Inc. is pleased to announce the sale of 1879-85 N. Milwaukee Avenue in Chicago, IL. The property is located in the Bucktown neighborhood near the border of Logan Square, the 8,800 SF lot is a prime development opportunity.

1879-85 N. Milwaukee Avenue is an 88’ by 100’ lot that is currently comprised of three single story retail garage buildings. The property is situated on the eastern side of Milwaukee Avenue just south of the heavily trafficked six-way intersection of Milwaukee, Armitage and Western Avenue. The property is conveniently just steps away from the Western Blue Line “L” stop.

The sale price was approximately $1,487,500.

Jim Darrow and Jordan Gottlieb were the brokers on the transaction.

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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