Connect CRE Chicago

“Coveted” Corner Building Changes Hands in West Town

February 03, 2022

Essex Realty Group recently facilitated the sale of 1659 W. Huron St., a nine-unit multifamily property located in the West Side’s West Town neighborhood.

The property ultimately sold to a local investor and repeat Essex buyer for $1,835,000, which equates to $203,888 per unit. Essex director Jordan Multack was the sole broker on the transaction.

“1659 West Huron is a coveted corner trophy building in the West Town neighborhood,” said Multack. “Investors were drawn to this opportunity to own one of the most iconic buildings in the neighborhood, just two blocks south of the booming strip of restaurants, bars and retail shops on Chicago Avenue. This property is a piece of Chicago history, as it is believed to have been built a year before the Chicago Fire.”

Essex is active in West Town. Currently, 858 North Wood, 1856 West Chicago and 1342-44 West Ohio are all under contract.

Since 1990, Essex Realty Group, Inc. has served Chicago's investment real estate market as a top multifamily brokerage firm. Contact us today to learn more about our recent multifamily and mixed-use property sales, or click HERE.

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