Essex Three-Twelve Closes More Than $11.68 Million in Chicago Multifamily Sales During July
CHICAGO, ILLINOIS — Essex Three-Twelve is pleased to announce another strong month of multifamily investment sales across Chicago, closing 10 buildings totaling 20 units and more than $11.68 million in transaction volume during July.
The month’s activity reflects continued demand for well-located multifamily assets throughout Chicago and highlights Essex Three-Twelve’s ability to deliver exceptional results for clients through strategic marketing, local market expertise, and skilled transaction management.
July Multifamily Sales Snapshot
| Reporting Period | July 2026 |
|---|---|
| Buildings Closed | 10 |
| Total Units | 20 |
| Total Transaction Volume | More Than $11.68 Million |
| Market | Chicago Multifamily Investment Properties |
Featured July Transactions
2436 N. Albany Ave. | Logan Square
- Unit Count: 3 Units
- Sale Price: $1,260,000
- Broker: Jack Doyle
Located on one of Logan Square’s most desirable tree-lined streets, this legal three-unit building generated multiple offers and ultimately closed above the asking price.
Through a carefully coordinated single showing block, the marketing process maximized buyer competition while minimizing disruption for the property’s tenants. The transaction also demonstrated Essex Three-Twelve’s experience navigating the Northwest Side Housing Preservation Ordinance.
3722 N. Bosworth Ave. | Southport Corridor
- Unit Count: 4 Units
- Sale Price: $1,685,000
- Broker: Director Garrett Leigh
This beautifully maintained four-unit property attracted strong buyer interest and multiple offers before closing in Chicago’s highly sought-after Southport Corridor.
The successful sale underscores continued demand for quality multifamily assets in premier North Side neighborhoods.
1425 N. Washtenaw Ave. | Humboldt Park
- Unit Count: 4 Units
- Sale Price: $1,252,500
- Broker: Jack Doyle
This legal four-unit building closed following a competitive marketing process, further demonstrating the strength of the Humboldt Park multifamily market.
The transaction reflects continued investor confidence in one of Chicago’s fastest-evolving neighborhoods.
Chicago Multifamily Investment Market
July’s closings reflect continued investor demand for well-located 3-to-12-unit properties across Chicago’s neighborhoods. Buyers remain focused on assets with strong locations, stable rental demand, value-add potential, and long-term appreciation opportunities.
From navigating local ordinances to creating competitive bidding environments, successful transactions continue to depend on local market knowledge, thoughtful positioning, and disciplined execution.
“July was another strong month for our team and for Chicago’s multifamily investment market,” said Niko Apostal, Managing Broker of Essex Three-Twelve. “Whether navigating complex local ordinances, generating competitive bidding environments, or advising clients through changing market conditions, our team remains committed to delivering outstanding results on every transaction.”
Work With Essex Three-Twelve
Essex Three-Twelve specializes in the sale of Chicago multifamily investment properties, providing owners and investors with local market expertise, strategic marketing, and transaction guidance across the city’s most active neighborhoods.
To connect with our team, please fill out the form below.
About Essex Three-Twelve
Essex Three-Twelve is a Chicago multifamily brokerage specializing in 3-to-12-unit apartment buildings. The firm advises buyers and sellers throughout Chicago’s neighborhoods, combining local market knowledge, targeted marketing, and personalized transaction guidance to help clients achieve their investment goals.