Essex Three-Twelve Brokers Sale of Historic Four-Unit Greystone in Chicago’s Logan Square
CHICAGO, ILLINOIS — Essex Three-Twelve, LLC, a Chicago-based multifamily investment sales brokerage, announced the successful sale of 3136 W. Logan Blvd., a historic four-unit Greystone located along Logan Boulevard in Chicago’s Logan Square neighborhood. The property closed for $1,300,000, with Essex Three-Twelve Broker Jack Doyle representing the seller.
The property generated significant buyer interest, attracting more than 30 showings and seven offers throughout the marketing process. Built in 1908, the original Greystone is situated within the nationally recognized Logan Square Boulevards Historic District, offering a combination of architectural character, historic significance, and a highly desirable location.
Historic Logan Square Greystone Sale: Transaction Overview
More Than 60 Years of Family Ownership Comes to an End
After more than six decades of ownership by the same family, the transaction marked a significant milestone for the sellers, who entrusted Essex Three-Twelve with guiding the sale of their longtime investment property.
“After more than 60 years of family ownership, this iconic property has changed hands for the first time in over six decades,” said Jack Doyle, Broker at Essex Three-Twelve. “I was honored to guide the sellers through such a monumental transaction for their family. With more than 10 closings involving the Northwest Side Housing Preservation Ordinance completed by Essex Three-Twelve, our team continues to demonstrate the experience and market knowledge needed to navigate these transactions successfully.”
Historic Greystone Attracts More Than 30 Showings and Seven Offers
Positioned along one of Chicago’s most recognizable historic boulevards, 3136 W. Logan Blvd. is located steps from the Illinois Centennial Monument, Logan Square Farmers Market, and CTA Blue Line.
The property’s architectural character, location within the Logan Square Boulevards Historic District, and proximity to neighborhood amenities contributed to its appeal among prospective buyers. Through a targeted marketing strategy, Essex Three-Twelve generated more than 30 showings and seven offers throughout the sales process.
Navigating Chicago’s Northwest Side Housing Preservation Ordinance
The transaction further highlights Essex Three-Twelve’s experience navigating Chicago’s Northwest Side Housing Preservation Ordinance, which introduces additional considerations for certain multifamily transactions within designated neighborhoods.
With more than 10 closings involving the ordinance, the firm continues to leverage its understanding of Chicago’s regulatory landscape, strategic marketing, and neighborhood-specific market knowledge to guide property owners through multifamily transactions.
The successful closing demonstrates continued buyer interest in well-located, architecturally distinctive multifamily properties and the value of a targeted marketing strategy in generating competition and achieving successful outcomes for sellers.
Work With Essex Three-Twelve
Whether you’re considering selling a multifamily property or exploring investment opportunities in Chicago, Essex Three-Twelve provides tailored guidance on property valuation, strategic marketing, acquisitions, and dispositions.
Connect with our team to discuss your investment goals and learn how our experience in Chicago’s three- to twelve-unit multifamily market can help inform your next move.
About Essex Three-Twelve
Essex Three-Twelve is a Chicago multifamily brokerage specializing in investment sales of three- to twelve-unit apartment buildings. As an entity of Essex Realty Group, Essex Three-Twelve provides property owners and investors with market insight, valuation expertise, strategic marketing, and transaction advisory services tailored to Chicago’s small multifamily market.