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Essex Three-Twelve Closes Three Properties in Northside Chicago
Chicago-based multifamily brokerage firm Essex Three-Twelve, LLC., recently closed the sale of three properties located in the North Side of Chicago at 1118 N. Oakley Blvd., 6509 W. Higgins Ave., and 1836 N. Central Park Ave.
In Ukrainian Village, 1118 N. Oakley Blvd. is a fully renovated six-unit property, offering a turnkey investment with modern finishes, tenant-paid HVAC, and strong transit and retail access. The property sold for $1.88 million, 94% of the list price.
6509 W. Higgins offers a rare land opportunity on an obvious, heavily traveled corridor in Norwood Park. The site features flexible zoning and a generous lot size, with potential for conversion to a new single-family home, a multi-unit development, a mixed-use concept, or an office.
In the Logan Square neighborhood, 1836 N. Central Park Ave. presents a value-add opportunity. Built in 1889, the five-unit property features a main house and a coach house, collectively offering a mix of two- and three-bedroom units.
