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Essex Realty Lists Courtyard Building on West Side
Essex Realty Group, Inc. has listed 1149 S. Mason Ave, a mixed-use courtyard building in the Austin neighborhood on Chicago’s West Side. The property is listed for sale by Essex principal Steven Livaditis and director Anthony Citriglia for $1,850,000.
This 29-unit brick building is situated on the northeast corner of Mason Avenue and Roosevelt Road and offers an array of floorplans and fully leased commercial units. In addition to the stable tenant base, including national retailer Boost Mobile, the building has received several capital improvements, which included a new boiler, updated electric, and rebuilt rear porches.
“1149 Mason Ave is a quality high cash-flowing asset in a great pocket of Austin,” said Citriglia. “This is an ideal opportunity for investors and lenders seeking a stable asset with solid cash yields. We anticipate vigorous activity from our suburban investors due to the proximity to Berwyn, Cicero, and Oak Park.”
- ◦Sale/Acquisition
