Essex Brokers Sale of Five South Side Apartment Buildings
Essex Realty Group, Inc., has negotiated the sales of five apartment buildings in two separate transactions. One sale was a four-building, 50-unit portfolio located at 6153 S May, 6348 S. Racine, 6459 S. Racine, and 6934 S. Princeton — all in Chicago’s Englewood neighborhood.
The other transaction was located in South Shore at 7106 S. Euclid, a 13-unit mixed-use property with nine apartment units and four commercial spaces. The Essex listing team of Robert Berman, Michael Anguiano, Daniel Shabsin, Jeremy DeMarco, and Joe Kalhammer facilitated both transactions on behalf of the private sellers.
“As interest rates stabilize, we’re seeing a lot of pent-up demand return to the market from both local and out-of-state investors,” said Berman. Essex Realty Group, Inc. specializes in the sale of investment real estate throughout the Chicago metropolitan area.
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