CHICAGO, IL - Essex Realty Group, Inc. is pleased to announce the sale of 2942 North Lincoln Avenue, an 8 unit mixed-use building located in the popular Lakeview neighborhood of Chicago.
The unit mix includes six large 3 bedroom/2 bath apartments, and two ground floor commercial spaces currently occupied by Las Tablas, Chicago's premiere Colombian steak house. All six of the apartments feature stainless steel appliances, cherry cabinets, granite countertops, in-unit laundry, as well as private balconies.
The property is situated on west side of North Lincoln Avenue, and just southeast of the 6-way intersection of Lincoln, Southport, and Wellington. The property is conveniently located approximately 1/2 mile from the Diversey "L" Station, which provides access to the Brown and Purple lines to Chicago's Loop.
The sale price was approximately $3,926,000.
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.