ESSEX REALTY GROUP BROKERS SALE OF SENIOR HOUSING PROPERTY

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CHICAGO — Essex Realty Group has brokered the sale of a senior housing community located at 6550 N. Damen within Chicago’s Rogers Park neighborhood. The 21-unit property consists of 15 one-bedroom and six two-bedroom units. The building operates as a Senior Section 8 HUD Property under Housing Assistance Payment (HAP) contract. Matt Welke of Essex represented the seller in the transaction. An undisclosed buyer purchased the property for a sales price of approximately $2.2 million.

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