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Essex Brings Two Edgewater Multi Assets to Market
Essex Realty Group is marketing two separately-listed apartment properties in the North Side’s Edgewater neighborhood. One of these, a 43-unit courtyard building, hasn’t been on the market in more than 50 years.
That property, at 6031-6043 N. Paulina St. (pictured), is located near Metra’s new Union Pacific North line and comes with multiple value-add opportunities, according to Essex Realty. Current ownership is seeking $6.6 million.
Pricing on the 52-unit 5935 N. Clark St. is subject to offers, according to Essex Realty’s property listing. The walk-up apartments are part of a mixed-use building that also includes 8,930 square feet of commercial space and a 24-car garage.
An investor in 5935 N. Clark, according to Essex Realty, “can acquire the building in its entirety or simply purchase the multifamily portion and parking garage” via vertical subdivision.
Both properties are being marketed by Essex Realty’s Doug Imber, Kate Varde and Clay Maxfield.
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