1425 N. Washtenaw Ave. Four-Unit Apartment Building Acquisition | Humboldt Park, Chicago
CHICAGO, ILLINOIS — Chicago-based multifamily brokerage firm Essex Three-Twelve, LLC is pleased to announce the successful acquisition of 1425 N. Washtenaw Avenue, a legal four-unit multifamily property located in Chicago’s Humboldt Park neighborhood. The property sold for $1,250,500.
Transaction Summary
- Transaction Type: Humboldt Park Four-Unit Acquisition
- Address: 1425 N. Washtenaw Avenue, Chicago, Illinois
- Neighborhood: Humboldt Park
- Property Type: Four-Unit Multifamily Property
- Sale Price: $1,250,500
- Broker: Broker Jack Doyle
Property Overview: Four-Unit Greystone in Humboldt Park
The property is a classic Chicago Greystone that exemplifies the timeless architecture and enduring appeal of the city’s historic multifamily housing stock.
As demand for well-located apartment buildings continues across Chicago’s neighborhoods, assets of this caliber remain highly sought after by investors seeking stable, long-term holdings.
Broker Representation for the Humboldt Park Four-Unit Acquisition
Broker Jack Doyle represented the buyer throughout the acquisition.
“Well-maintained multifamily properties in neighborhoods like Humboldt Park continue to attract significant investor interest,” said Broker Jack Doyle. “Our client was looking to acquire a classic Chicago asset with long-term investment potential, and we’re proud to have helped them successfully secure the property in a competitive bidding environment. It was also a pleasure working alongside the seller’s broker throughout the transaction, and I look forward to collaborating on future deals together.”
Humboldt Park Multifamily Investment Market
Located in the heart of Humboldt Park, 1425 N. Washtenaw Avenue offers residents convenient access to neighborhood restaurants, parks, and public transportation.
The neighborhood has continued to attract multifamily investment in recent years, driven by its historic character, strong rental demand, and proximity to some of Chicago’s most vibrant commercial corridors.
Classic Greystones and other vintage multifamily properties remain attractive to investors seeking stable rental income and long-term appreciation in one of Chicago’s most established neighborhoods.
Read More About the Transaction with YieldPro.
Work With Essex Three-Twelve
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About Essex Three-Twelve
Essex Three-Twelve is a Chicago multifamily brokerage specializing in the acquisition and disposition of 3-to-12 unit apartment buildings. The firm combines market expertise, local knowledge, and personalized advisory services to help investors achieve their real estate investment goals throughout Chicago’s neighborhoods.