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Logan Square Apartments Trade After 4-Year Hold
Essex Realty Group brokered the sale of 1627 N. Humboldt Blvd., a 41-unit apartment property in Logan Square. The property sold for $5.35 million.
The seller, a venture of 1627 N Humboldt HHI, LLC, paid $2,780,000 in 2015. The owner then performed an extensive renovation of the property that was completed in 2017.
“The property at 1627 N. Humboldt offered a great opportunity for our buyer to purchase a renovated and stabilized 41-unit building just steps from The 606,” said Essex Realty’s Jim Darrow. “ It is a key addition to my clients’ portfolio, and an excellent investment in the Logan Square neighborhood.”
Darrow and his colleagues Jordan Gottlieb and Jordan Multack represented the buyer. Essex Realty’s Doug Imber, Kate Vard, and Clay Maxfield advised the seller.
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- ◦Sale/Acquisition

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