December 26, 2024 – John Preston of Horvath & Tremblay has successfully completed the sale of a five unit multi-family property in Chicago, Illinois. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $1,425,000.
The property is located at 3001 N Sawyer Avenue in Chicago, Illinois. The two-story, brick building contains five (5), 2-Bedroom/1-Bathroom units with 3,900 square feet of living area in 5,000 square feet of total gross area on a 0.06-acre corner parcel. The Property also features in-unit laundry facilities, storage space in the basement and a patio area. The five-unit residential building, situated in the Northwest Side of Chicago, is well-located along N Sawyer Avenue, a tree-lined residential street that is close to area schools and Interstates 90 and 94. The Property enjoys close proximity to nearby public transportation and is a short walk from several municipal bus-lines on N Kimball Avenue, W Diversey Avenue, and W Belmont Avenue. The Property is 0.4-miles from the Belmont and Logan Square CTA Stations (Blue Line), 1.7-miles from the Healy Metra Station (MD-N Line), and 1.8-miles from the Irving Park Metra Station (UP-NW Line). The Property is located in the heart of Avondale and is a short walk from N Kedzie Avenue, W Belmont Avenue, and N Milwaukee Avenue three of the area’s primary thoroughfares with significant commercial activities, giving residents a multitude of retail, dining, entertainment and nightlife options.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.