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"For the past seven years, Essex Realty Group, Inc. has represented Interforum Holdings in various real estate transactions. Essex has provided us with ongoing advisory services and has consistently conducted business with the highest degree of integrity. Read More

Testimonials

"Essex did an excellent job with the recent sale of one of our investment properties. The entire process went very smooth, starting with their initial valuation to the closing of the transaction. We were very happy with their efforts and the final outcome."

Dominic A. Sergi
SFP

Testimonials

"We have both sold and purchased buildings from Essex Realty Group for the past 18 years. We value their knowledge, dedication and HONESTY. We now value their friendship also!"

Marty Max
MLC Properties & Management

Essex Realty Group Brokers the Sale of 1244 W. Byron St.

January 12, 2018 09:14 AM
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Essex completes another condominium deconversion sale.  The Byron St. property was modern, walk-up style property featured 21 condominium units at the corner of Byron and Clark St. in the Lakeview neighborhood of Chicago.

The building consisted of one and two-bedroom units with 21 parking spaces. The condominium units were in excellent condition and most featured stainless appliances, updated cabinetry, in-unit laundry, and balconies.

All the unit owner cooperated in the sale and they were able to realize an impressive equity appreciation by pooling together and selling their individual condo units in bulk to a local apartment investor.

Within weeks of marketing the property, we were able to generate over 25 property tours from local and regional clients which concluded with 8 competitive offers for the property. Ultimately the property sold to a 1031-trade buyer for a price of $6.4 million.

Steve Livaditis and Joe Scheck represented the parties in this transaction.

 
 
 

Essex Realty Group, Inc. 2211 N. Elston Ave. Suite 302, Chicago, IL 60614 PHone: 773.305.4900

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