Essex Realty Group Brokers the Sale of 2850 N. Clark Street Multifamily Building in Chicago, Illinois

CHICAGO, IL - Essex Realty Group, Inc. is pleased to announce the sale of 2850 N. Clark Street, a mixed-use offering of two (2) adjacent buildings located in Chicago’s Lakeview neighborhood. The property consists of 23 residential units and 5,325 square feet of commercial space with additional basement storage. In addition, the property includes 10 exterior parking spaces.

The buildings are situated one block north of the vibrant intersection of Clark Street and Diversey Avenue, offering tenants an array of options for shopping, dining and entertainment. In addition, the property is located within walking distance of Diversey Harbor, the Diversey Driving Range, Lake Michigan, as well as Wellington and Diversey CTA (Brown/Purple) stations.

The sale price was approximately $8,975,000.

Doug Fisher represented the seller on the transaction and Matt Welke represented the purchaser.

Since its founding in 1990, Essex has grown to become the Chicago area’s premier investment real estate brokerage company. Our expertise, integrity, and consultancy approach has resulted in our achieving the leading market share and earning the confidence of Chicago’s most prominent real estate investors. If you are seeking to buy or sell multi-family, mixed-use, retail, or other investment real estate, or simply require market information, we are committed to providing you with the highest level of service possible.

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