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Chicago & Midwest  + North Side  + Apartments  | 

Essex Realty Facilitates $18M Sale of Uptown Mixed-Use Property

Chicago-based Essex Realty Group has completed the sale of The Maynard at 1325 West Wilson Avenue, a 121-unit mixed-use building located in Chicago’s Sheridan Park neighborhood.

The asset sold for $18.5 million, marking one of the largest multifamily transactions in Uptown in 2025. Essex Managing Director Matt Feo and Principal Jordan Gottlieb exclusively listed the property and represented the seller, while Feo, together with Managing Director Rick Ofman, represented the buyer.

Located along Wilson Avenue, The Maynard offers immediate access to CTA Red Line stations, the Ravenswood Metra, and multiple bus routes. Redeveloped in 2015, the 12-story property features 121 apartments, four retail suites, and amenities including a rooftop deck, fitness center, bike storage, elevator service, and an on-site café. Units include a mix of studios, one- and two-bedrooms with hardwood floors, granite countertops, stainless steel appliances, in-unit laundry, and individual HVAC.

Meet the nation’s top ownersinvestorsdevelopersbrokersand lenders—key decision-makers shaping the multifamily market. Whether you’re targeting capital partners, strategic suppliers, or industry visionaries, this one-day conference on September 11 in Los Angeles is your opportunity. Network smart, exchange insights, and forge relationships that drive deals. This isn’t just a conference—it’s where the dealmakers go. www.connectapts2025.com 

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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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