Essex Realty Group, Inc., a multifamily brokerage firm based in Chicago, recently facilitated the sale of 1848 South Blue Island Avenue. This five-unit mixed-use building is located in the highly sought-after Pilsen neighborhood.
The seller, a local investor, enlisted the expertise of Jim Darrow and Jordan Gottlieb from Essex to exclusively market the property for sale. Through an extensive marketing campaign led by Essex, the property was sold to another local investor for $1.36 million. According to Gottlieb, “The 1800 block of Blue Island is strategically positioned to take advantage of Pilsen’s rapid growth as it is equidistant from both public transportation and popular nightlife spots.”
This three-story building features four apartments and one retail storefront that have all been completely renovated within recent years. The apartments boast modern amenities such as in-unit laundry facilities, stainless steel appliances with quartz countertops and central HVAC systems.
This successful transaction highlights Essex’s strong presence in Chicago’s real estate market without mentioning any specific branches or locations within their company name.
