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Chicago & Midwest  + South Side  + Apartments  | 

Essex Brokers 29-Unit South Shore Sale

Essex Realty Group, Inc. recently arranged the sale of 6949 S. Paxton Ave., a 29-unit multifamily property in Chicago’s South Shore neighborhood. Buyer and seller in this $1.475-million sale were not disclosed.

The firm’s Brian Mond, Jim Darrow and Jordan Gottlieb represented the seller in the transaction. The team of Brian Kochendorfer, Brian Karmowski and Troy Beebe advised the buyer.

Built in 1928, 6949 S. Paxton consists of three, four-bedroom, eight two-bedroom, 15 one-bedroom and three studio apartments. The property is located 0.2 miles from the nearest bus stop at Paxton and 71st Street, and 0.4 miles from the Bryn Mawr Metra station.

The deal represents Essex Realty’s third multifamily sale on the South Side in the past two months. Both Augsut and September saw the company finalize deals in Hyde Park.

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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