The sale of a six-unit apartment building located at 1470 W. Huron St. in Chicago’s Noble Square neighborhood was recently closed by Essex Realty Group, a leading real estate firm in the area.
Represented by Principal Brian Karmowski and Director Brian Keegan, the seller successfully completed the transaction for this property which consists of three two-bedroom and three one-bedroom apartments, as well as three exterior parking spaces. The building is conveniently situated on Huron Street just east of Ashland Avenue and is less than a mile away from both the Chicago and Division L Stations.
According to Karmowski, “The location’s close proximity to ongoing developments in West Loop and proposed projects near United Center make it an attractive investment with potential for sustained rent growth.” He also noted that during the marketing process for this property, it became evident that there is high demand for buildings with great curb appeal, solid construction quality,and prime location within Chicago’s real estate market.
