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Chicago & Midwest  + North Side  + Apartments  | 

3rd Hermosa Multifamily Trades in Two Months

A 24-unit mixed-use property at 4433 W. Fullerton Avenue in Chicago’s Hermosa neighborhood has traded for approximately $2.5 million. Essex Realty Group brokered the sale; seller and buyer were not disclosed.

The property contains four street-level commercial spaces and 20 apartments. The units are a mix of two and three-bedrooms, and have undergone renovations recently. The Healy Metra Station servicing the Milwaukee District North Line is located on Fullerton, a half mile east of the property.

Essex’s Jim Darrow and Jordan Gottlieb represented the seller, while the firm’s Doug Imber, Kate Varde and Clay Maxfield represented the buyer on the transaction. It’s the third apartment deal Essex has brokered in Hermosa over the past two months; 4500 Fullerton sold for about $4.3 million in February, a few days after 4421 W. Fullerton traded for $1.7 million.

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About Paul Bubny

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. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition