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Chicago & Midwest  + South Side  + Apartments  | 

Essex Completes MF Sale in Chicago’s South Shore

Multifamily brokerage firm Essex Realty Group, Inc. has completed the sale of a 31-unit multifamily property located in Chicago’s South Shore neighborhood.

The building featured a mix of one-, two-, and three-bedroom units and was nearly fully occupied at the time of sale. Essex’s Berman Anguiano team of Robert Berman, Michael Anguiano, Daniel Shabsin, Jeremy DeMarco, and Joe Kahlhammer facilitated the sale on behalf of the private seller.

“Because of the building’s attractive assumable debt, we were able to secure multiple near-list offers within days of launching the listing from both local and out-of-state investors”, said Robert Berman, Managing Director at Essex Realty Group.

Don’t miss the Lifetime Achievement Award Presentation and Keynote Interview with G. Joseph Cosenza, Vice Chairman of The Inland Real Estate Group, LLC and President of Inland Real Estate Acquisitions, LLC at Connect Midwest: Multifamily, Affordable, Student & Senior Housing Trends on June 4, 2024, at the W-Chicago, City Center Hotel, Chicago, IL. Register Today to network with your peers!

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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