Essex Three-Twelve Brokers Sales of Newly Renovated 3-Unit Apartment Building in Prime Lincoln Park
CHICAGO, ILLINOIS– Chicago-based multifamily brokerage firm Essex Three-Twelve, LLC., announced the sale of a newly renovated apartment building at 2237 N. Clifton Ave., located in the heart of Chicago’s vibrant Lincoln Park neighborhood.
The transaction was facilitated with Essex 312 Managing Director, Ryan Blake, and Associates Michael Masterson and Chris Van Dinther representing the seller of the building.
Comprised of three units, all with rear porches, and an additional two-car garage in the rear, the building was fully renovated in 2022, receiving a new roof, updated plumbing, and brand-new high-end appliances throughout.
During the marketing phase, 2237 N. Clifton Ave. attracted significant interest from prospective buyers. Ultimately, the property sold for $1.56MM, with an impressive $521,667 price per unit. The transaction shows the property’s desirability in the sought-after Lakeview submarket.