Essex Realty Group, Inc., a leading multifamily brokerage firm, has successfully sold a 31-unit property in Chicago’s South Shore neighborhood. The property boasted a variety of one-, two-, and three-bedroom units and was almost fully occupied at the time of sale. The Berman Anguiano team from Essex, consisting of Robert Berman, Michael Anguiano, Daniel Shabsin, Jeremy DeMarco,and Joe Kahlhammer facilitated the transaction on behalf of the private seller.
According to Managing Director Robert Berman,”The building’s attractive assumable debt allowed us to quickly secure multiple offers from both local and out-of-state investors within days after listing.” Don’t miss out on the Lifetime Achievement Award Presentation and Keynote Interview with G. Joseph Cosenza at Connect Midwest: Multifamily,Affordable Student & Senior Housing Trends event on June 4th ,2024 at W-Chicago City Center Hotel in Chicago,Illinois.Register now for this opportunity to network with industry peers! This post originally appeared on Connect CRE.
