Essex Three-Twelve completed the sale of an eight-unit multifamily property at 544 W. Wellington Ave in Chicago.
The property features a mix of two- and three-bedroom units that average 2,000 square feet. Each unit includes a chef’s kitchen, dining room, living room, foyer, and large bedrooms. The building features a community garden, and four of the eight units offer oversized street-facing balconies, while six units have large rear decks. Additionally, the property generates additional income from five garage parking spaces.
544 West Wellington Ave. offers access to Lakeview’s dining and shopping scene. “It’s rare to list a building renovated with this level of care, quality, and attention to detail,” said Garrett Leigh, Director at Essex Three-Twelve, LLC. “This sale was an excellent execution for both parties and an asset the new buyers will be proud to own for many years.”
Join us on Tuesday afternoon, June 2, 2026, at the Connect Midwest Multifamily Trends Conference as JDL Founder, Jim Leitchinger, is honored with the Changing Skyline Award followed by an exclusive Keynote Interview. This is a rare opportunity to hear firsthand insights from one of the region’s most influential visionaries in multifamily development.
An RK Investors-led team obtained an $81 million construction loan for Sutherland at Piper Glen, a 299-unit multifamily development underway in Charlotte’s Piper Glen neighborhood. The financing was provided by Western-Southern Life Insurance Company. The financing was arranged by Nate Sittema, Kristen Reilley and Elliott Voreis with CBRE’s Debt & Structured Finance team. Currently under...
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NAI Capital Commercial EVPs John S. Archibald and Guillermo Olaiz, alongside senior associate Stephen Lam of the Investment Services Group in the Pasadena office, represented the seller, Star Horizon, LLC, in the sale of ZK Plaza, a 41,586-square-foot office building in Pasadena. The property sold for $13,400,000, representing a 3.5% premium over asking. Located at...
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Berkadia announced the sale of Orchard Corners & Suites, a 139-unit, 264-bed, garden-style student housing property serving The University of Kansas in Lawrence, Kansas. Berkadia’s Student Housing and Kansas City investment sales teams collaborated to facilitate the transaction on behalf of the seller, Utah-based Redstone Residential. The Berkadia team included Senior Managing Directors Travis Prince...
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