CHICAGO, IL – Monday December 12, 2016 - Essex Realty Group, Inc. is pleased to announce the sale of 832-838 West Erie Street, a 20-unit apartment building located in Chicago's River West Neighborhood. The unit mix is comprised of twelve 2 bedrooms and eight 3 bedrooms.
The property is situated on the northwest corner of North Green and West Erie, and conveniently located within 6 minutes walking distance from the Grand L Station which services the Blue Line. The neighborhood of River West is rapidly growing as people continue to move to the downtown area. Its proximity to several popular neighborhoods including – River North, The West Loop, Wicker Park, Little Italy, Greektown and the Loop.
The sale price was approximately $10,850,000.
Jim Darrow & 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.