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Chicago & Midwest  + Downtown  + Apartments  | 

Ukrainian Village Deal Offers Scale in the Neighborhood

Essex Realty Group finalized the sale of 2335-2337 W. Superior St., a 14-unit multifamily property in the Near West Side’s Ukrainian Village neighborhood. The buyer, a local investor, purchased the property for approximately $2,270,000

“Ukrainian Village continues to be a neighborhood that attracts multi-family investors,” said Essex director Abe Eilian, who brokered the deal. “Due to the neighborhood’s low density, this property offered investors a rare opportunity to achieve immediate scale in the area. These factors helped us generate 29 property tours and nine offers.”

The property has been immaculately maintained by the same owners for over 30 years and features a number of recent capital improvements. The property sits within an ideal pocket of Ukrainian Village, just steps from the many restaurants, bars, and coffee shops that line Chicago Avenue, and one-half mile from the Western Avenue Metra Station.

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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 GlobeSt.com 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).

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