Essex Realty Facilitates $18.5M Sale of Uptown Mixed-Use Property
Chicago-based Essex Realty Group has announced the successful sale of The Maynard at 1325 West Wilson Avenue, a 121-unit mixed-use property located in Chicago’s Sheridan Park neighborhood. The property sold for $18.5 million, representing one of the largest multifamily transactions in Uptown for 2025.
Essex Managing Director Matt Feo and Principal Jordan Gottlieb exclusively listed the property and represented the seller in the transaction. Matt Feo, along with Managing Director Rick Ofman, also represented the buyer.
Situated along Wilson Avenue, The Maynard benefits from convenient access to the CTA Red Line, Ravenswood Metra, and several bus routes. Originally redeveloped in 2015, the 12-story building includes 121 residential apartments and four ground-floor retail suites. Property amenities include a rooftop deck, fitness center, bike storage, elevator access, and an on-site café.
Residential units feature a mix of studios, one- and two-bedroom floor plans highlighted by hardwood floors, granite countertops, stainless steel appliances, in-unit laundry, and individual HVAC systems.
