Essex Realty Group Brokers the Sale of 2020 N. Spaulding Ave.
February 13, 2017 12:05 PM
2020 N. Spaulding Ave. is a center entrance 8-unit apartment building located in Chicago's Logan Square Neighborhood. The property is currently comprised of six large 3 bed/1 bath units and two 2 bed/1 bath garden units. The property is situated on an extra-large lot on the west side of North Spaulding Avenue and just north of Armitage.
Essex generated multiple offers and placed the property under contract within 2 weeks of marketing.
The property presented an excellent value-add opportunity in an extremely sought after neighborhood. The new owner plans to completely renovate the building.
The sale price was approximately $1,110,000.
Jim Darrow and Jordan Gottlieb were the brokers on the transaction.