Essex Three-Twelve has completed the sale of an eight-unit multifamily building at 544 W. Wellington Ave. in Chicago. The asset is located in the Lakeview East neighborhood and is positioned within easy reach of the area’s dining and shopping options, providing residents with access to a wide range of neighborhood amenities.
The building is composed of a mix of two- and three-bedroom apartments, with units averaging approximately 2,000 square feet. Interior layouts are designed around larger-format residences, with each unit including a chef’s kitchen, dining room, living room, foyer, and generously sized bedrooms. The scale of the units and emphasis on in-unit living space differentiate the property from smaller, more conventional apartment formats.
Common-area and outdoor features are a notable part of the property’s offering. The building includes a community garden, giving residents shared outdoor space within an urban neighborhood setting. Four of the eight apartments are configured with oversized street-facing balconies, while six units are equipped with large rear decks, creating multiple options for private outdoor access and extending the functional living areas of the units.
The property also includes five garage parking spaces, which generate additional income beyond the apartment rents. This off-street parking component complements the building’s residential program and provides a further amenity in a dense neighborhood environment.
Commenting on the asset and the completed sale, Garrett Leigh, Director at Essex Three-Twelve, LLC, described the property as a rare listing given the level of renovation and attention to detail that has been applied. Leigh noted that the transaction represented a strong outcome for both sides of the deal and characterized the building as an asset the buyers are expected to hold with pride for years to come.
In a separate development-related event, Connect CRE will host the Connect Midwest Multifamily Trends Conference on Tuesday afternoon, June 2, 2026. The program will include recognition of JDL Founder Jim Leitchinger with the Changing Skyline Award, followed by a keynote interview focused on multifamily development insights in the region.
