Essex Realty Group Brokers the Sale of 3507-11 N. Elston Ave. in Chicago, IL
August 9, 2016 11:50 AM
3507-11 N.Elston Ave., a new construction apartment property located in Chicago’s Avondale neighborhood. The building was completed in 2015 and consists of 12 units within three (3) contiguous walk-up buildings, and contains a desirable unit mix of two-bedroom and three-bedroom apartments with high-end finishes as well as 12 exterior parking spaces.
The property is situated on the east side of Elston Avenue just south of Addison Street, the property is well-positioned among several transit options including the bus lines along Addison and Kimball Avenues and the CTA Belmont station (Blue Line). In addition, the property is less than one mile from the Kennedy Expressway (I-90/94).
Shopping and dining opportunities are also conveniently located two (2) blocks west of the property at the Addison Mall, and several larger retail stores are situated in the shopping center across Elston Ave.
The sale price was approximately $3,200,000
Matt Welke of Essex Realty Group was the broker on the transaction.