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Chicago & Midwest   /   September 25, 2020

Paul Bubny
By: Paul Bubny

Ukrainian Village Apartments Listed for First Time in 30 Years

Essex Realty Group has been engaged to market a 14-unit apartment building in the Near West Side’s Ukrainian Village that hasn’t been listed in more than 30 years. The property at 2335-2337 Superior St. is listed for $2,899,000.
 
 
The Essex Realty team of principal Doug Fisher and director Abe Eilian is presenting 2335-37 W. Superior St. as an opportunity to acquire a multi-family property with significant rental upside. Since most capital expenditures have already been updated, a new owner can focus on making interior improvements to increase yield substantially.
 
“There is a lack of supply in Ukrainian Village when it comes to larger apartment buildings, so this property presents a unique opportunity to acquire 14 units all under one roof,” said Eilian. “Plus, this property is situated in a great pocket of Ukrainian Village surrounded by hip ‘destination’ restaurants.”

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Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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