Essex generated 23 individual tours for this 16-unit multi-family property after a highly competitive marketing process resulting in 12 received offers.
Essex Realty Group, Inc. has been exclusively engaged to market for sale 6300-04 North Oakley Avenue/2306-08 West Rosemont Avenue, a 16-unit corner apartment building located in Chicago’s West Ridge neighborhood. The unit mix consists of nine (9) 1 Bd/1 Ba, six (6) 2 Bd/1 Ba and one (1) 3 Bd/1 Ba garden units. Further, the property contains three (3) additional in-law garden units, for a total of 19 operating apartments in the building.
Further, the property has received many capital improvements over the years (more details available in Buildings Systems section – page 9).
The property is situated on the northwest corner of Oakley and Rosemont Avenues in West Ridge, steps from Devon Avenue, and within walking distance of a multitude of boutique shops and restaurants. Devon Avenue is widely known throughout the city for having some of the best ethnic restaurants. In addition, the property is within close proximity to many public green spaces including Warren Park, Lincolnwood Centennial Park and the North Shore Channel Trail which follows the Chicago River North from Lawrence Avenue to Emerson Street in Evanston, IL.
- 23 Property Tours
- 12 Offers Received
- Phenomenal West Ridge Location
- Large Units Provide Opportunity to Add Bedrooms
- Significantly Below Market Rents
- Many Capital Improvements