Essex Realty Brokers Sale of Oak Knoll Apartments

CHICAGO, IL - Essex Realty Group, Inc. is pleased to announce the sale of Oak Knoll Apartments, a 98 unit Multi-Family Apartment Community located in Cary, Illinois.  Oak Knoll Apartments consists of four two-story apartment buildings, comprised of 59 one bedroom, 36 two bedroom, 2 three bedroom, and one studio apartment.  In addition, there are 45 garages, 118 uncovered parking spaces, and an outdoor pool.  The property is well located just one-half mile from U.S. Route 14 (Northwest Highway), Cary's main Business district, and the Metra train station serving Chicago.

Doug Imber and Mike Tetrick of Essex were the brokers in the transaction. The price was approximately $6,500,000.

Essex Realty Group, Inc. specializes in the sale of investment real estate throughout the Chicago metropolitan area.  Since its founding in 1990, Essex Has carved a unique niche, focusing exclusively on the brokerage of investment properties valued between $1 million and $30 million, with a strong emphasis in multi-family, retail and shopping center sales.

Our specialization enables us to track and interpret market data quickly, thoroughly and accurately.  Utilizing this information, we are able to provide our clients with guidance on property valuations and effective marketing strategies.  Our goal is to maximize both property selling prices and buying opportunities, yielding an unmatched rate of customer satisfaction.  This success is evidenced by the fact that nearly half of our business is with repeat clients, including many of Chicago's top real estate investors.

TRENDING

Kerry W. Kirby Leads Thought-Provoking Conversation on The Role of AI Co-Workers in Redefining The Workplace in Visionary Podcast NEW ORLEANS, LA - 365 Connect, the leader in providing the world’s most advanced automated marketing, leasing, and resident engagement platform for multifamily communities across the globe, announced today its CEO, Kerry W. Kirby, has released his latest podcast; AI Co-workers Are Here: How...

More Stories

Get The Newsletter

Get The Newsletter

The latest multifamily industry news delivered to your inbox.