Essex Realty Group, Inc. has been exclusively tasked with marketing the sale of 1723-1725 W. Thorndale Avenue, a charming 42-unit apartment building located in Chicago’s desirable Edgewater neighborhood. This vintage courtyard property is ideally situated just two blocks from the soon-to-be-opened Peterson Ridge Metra Station.
The current owner has managed this property for nearly three decades and it features a mix of 12 studios and 30 one-bedroom units, with potential to convert some into two-bedroom apartments. The listing is being handled by Essex Realty Group Principals Doug Imber, Kate Varde, and Steve Livaditis along with Managing Director Matt Feo. With below-market rents and high demand expected due to the new Metra station nearby, this presents an excellent opportunity for investors.
According to Feo: “Rarely do we come across such an attractive courtyard building that offers such promising potential for growth in value.” Don’t miss out on this exceptional investment opportunity!
