Essex Realty Group Brokers the Sale of a 21 Unit Building in Hermosa

February 12, 2018

4421 West Fullerton Avenue/2349 North Kenneth Avenue is a 21-unit mixed-use property located on the southeast corner of Fullerton & Kenneth in Chicago’s Hermosa Neighborhood. The property is comprised of 3 street level commercial spaces and 18 apartments, a mix of studios, 1 beds and 2 beds. The Healy Metra Station servicing the Milwaukee District North Line is located on Fullerton just 1/2 mile east of the property.

20 property tours generated 9 offers. Essex was able to secure an all cash buyer after a highly competitive marketing process resulting in a closing just 20 days after contract execution.

The sale price was approximately $1,680,000.

Jim Darrow and Jordan Gottlieb represented the sellers and Doug Fisher and Vic Ciancetta represented the buyers on the transaction.

Since 1990, Essex Realty Group, Inc. has served Chicago’s investment real estate market as a top multifamily brokerage firm. Contact us today to learn more about our recent multifamily and mixed-use property sales, or click HERE.

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Tagged in this post: Jim Darrow , Jordan Gottlieb