Essex Realty Group Brokers the Sale of a 6 Unit Walk-Up in the Gold Coast
October 12, 2016 10:23 AM
53 W. Burton Place, a 6-unit walk-up apartment building located in Chicago's Gold Coast neighborhood. The building consists of four (4) 1Bd/1 Ba, one (1) 2 Bd/1 Ba, and one (1) 3 Bd/1 Ba apartments, each of which underwent a full gut-rehab in early 2016.
The property is situated in one of the most affluent neighborhoods in the city, the Gold Coast. It is steps from historic Wells Street in the heart of Old Town, which features a multitude of boutique shops, entertainment venues, restaurants, and is within walking distance to Lincoln Park, Lake Michigan and the Chicago Lakeshore Trail. In addition, the building is located within close proximity to the Clark/Division and Sedgwick CTA stations (Brown, Purple, & Red lines).
The sale price was approximately $2,037,500.
Doug Fisher represented the seller and Jordan Gottlieb represented the buyer.