Essex Realty Group, Inc., a multifamily brokerage firm based in Chicago, recently finalized the sale of a newly constructed building located at 3941 N. Keeler Avenue in the Old Irving Park neighborhood. This property, also known as Centrum Old Irving, consists of 27 units and an adjacent four-unit structure. Completed in 2017 with upscale designer finishes throughout each unit, Centrum Old Irving is situated at the southeast corner of Irving Park Road and Keeler Avenue near convenient transportation options such as the Metra and “L” stations.
According to Jordan Gottlieb, principal at Essex Realty Group Inc., Centrum Old Irving presented a unique opportunity for buyers due to its status as one of few new construction buildings in this desirable neighborhood. The property received multiple offers and was ultimately sold through a 1031 exchange transaction.
This recent sale by Essex highlights their expertise in navigating Chicago’s real estate market and securing valuable properties for their clients.
