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Chicago & Midwest  + North Side  + Apartments  | 

Roscoe Village MF Sells in Deal Brokered by Essex Three-Twelve

Essex Three-Twelve completed the sale of 3141 N. Oakley Ave., a turnkey three-unit multifamily property located in Chicago’s Roscoe Village neighborhood.

The property sold for $1.24 million, with Essex Three-Twelve Director Mitir Patel representing the seller. Turnkey three-unit properties are rarely available in Roscoe Village, where strong demand and limited inventory continue to create a competitive environment for well-located multifamily assets. Roscoe Village offers access to restaurants and retail, convenient transportation options, and proximity to many of the North Side’s most popular destinations.

Essex Three-Twelve generated three offers, including two competing offers, and ultimately secured a full-asking-price offer. “Our goal from the beginning was to maximize the seller’s sale price while strategically exposing the property to the right buyers,” said Patel. “Turnkey three-unit buildings in Roscoe Village don’t become available often, and we knew there would be strong demand.”

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Essex Three-Twelve

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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