Located at 4014-22 W. Melrose on Chicago’s Northwest Side, this property contains 32 units, including 14 two-bedroom, one-bath apartments, 12 one-bedroom, one-bath units, and six studios. It sold for $1.88 million.
“A large, stabilized courtyard building in Old Irving Park is rarely available,” said Mike Anguiano, managing director of Kiser Group, who represented the seller in the sale. “It sold in only 28 days.”
“Location was also attractive to the buyer,” said Brian Semel, senior managing director of Kiser Group, who represented the buyer in the sale. “Its proximity to the Blue Line ‘L’ and the Kennedy Expressway provides easy access to both downtown and the suburbs.”