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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

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"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

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"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!"

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MLC Properties & Management

Essex Realty Group Brokers the Sale of Two New Construction Apartment Properties Totaling $25 Million

April 12, 2018 09:40 AM
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1545 W. North Ave. is a31-unit new construction, mixed-use property located in the Wicker Park/Bucktown neighborhood of Chicago.

Essex’ brokerage team of Doug Imber, Kate Varde, and Clay Maxfield was exclusively hired to sell the property for Chicago’s prominent developer, Sedgwick Properties. Essex was proud to be involved in the process from inception, offering research on market rents, expenses, and values.

The property was purchased by Chicago’s Supera family, who acquired the property for a price of $12,150,000.

Similarly, 1202 Waukegan Rd. is a 36-unit, new construction property located in the Chicago’s affluent suburb of Glenview. 

The developers, Riverforest Development LLC, hired Essex’ principal Matt Welke to represent them in the sale. Welke worked with the developers throughout the process, including consulting on apartment finish levels. The purchaser, an out-of-state private capital investor, was represented by Essex’ brokerage team of Doug Fisher and Vic Ciancetta. The property sold for $13,100,000.

 
 
 

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

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