Essex Realty Completes Sale of Bucktown Multifamily

Essex Realty Group arranged the sale of 2163 North Bell Avenue, an eight-unit multifamily property located in Chicago’s Bucktown neighborhood. The recently renovated asset sold for $2.56 million.

The transaction was facilitated by Principals Jim Darrow and Jordan Gottlieb, and Director Brian Keegan.
The property is comprised of a six-flat front featuring four one-bedroom, one-bathroom apartments and two two-bedroom, one-and-a-half-bathroom duplex units. At the rear of the property, a coach house includes a two-bedroom two-bathroom apartment and a three-bedroom three-bathroom duplex.

The property offers close proximity to public transportation, major roadways, and a variety of surrounding neighborhood amenities. “This deal presented a great opportunity to place a truly unique Bucktown asset with an owner who understands both the long-term fundamentals of the neighborhood and the scarcity of boutique multifamily properties with this kind of site layout and unit mix,” said Keegan.

The post Essex Realty Completes Sale of Bucktown Multifamily appeared first on Connect CRE.