CHICAGO, IL - Essex Realty Group, Inc. is pleased to announce the sale of 512 W. Belden Avenue, a twenty-six (26) unit condominium building located on the Northeast corner of Belden Avenue and Cambridge Avenue in Chicago’s prestigious Lincoln Park neighborhood.
On behalf of the 512 Belden Association, Steven Livaditis and Joe Scheck exclusively listed the entire property for sale. Within a 3-week marketing period, the listing agents procured over 25 investor tours and multiple offers to purchase the property.
The property comprised a unit mix of one-bedroom and two-bedroom condominium units. Most of the units had received modern updates throughout the years while maintaining the beautiful, vintage detail in this courtyard building.
The purchaser, a local real estate investor, was also represented by Steven Livaditis and Joe Scheck.
The sale price was $7,800,000.
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.