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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Chicago-based multifamily brokerage firm Essex Realty Group, Inc. recently facilitated the sale of two properties in Chicago’s Greater Grand Crossing and Chatham neighborhoods. The transactions included the sale of 6800-6802 S. Indiana Avenue, a 16-unit apartment building, and 8001-05 S. Drexel Avenue, a 19-unit apartment building.

The Essex South/West team of Joe Kahlhammer, Robert Berman, Mike Anguiano, Daniel Shabsin, Jeremy DeMarco, and Russell Tillery exclusively represented the seller in each sale.

Commenting on the sales, lead broker Joe Kahlhammer said, “The activity we saw with these properties was astounding. Local and out of state investors alike were interested in these assets.”

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