Brookline Real Estate, a boutique commercial real estate company based in Chicago, is pleased to announce two successful closings by their multifamily team. The deals involved 1065 and 1073 W Polk Street, a pair of multi-unit buildings located in the vibrant neighborhood of Little Italy/University Village. The transactions highlight the team’s exceptional expertise in navigating complex real estate challenges while delivering outstanding results for their clients.
Bill Lundy spearheaded the aggressive marketing campaigns, leveraging his extensive knowledge of the Chicago market and strategic insights to attract potential buyers. His diligent efforts paid off, as the properties were able to secure signed contracts shortly after being listed.
Both properties presented unique investment opportunities, albeit with significant deferred maintenance and repair requirements. This posed a challenge in finding the right buyers who could envision the property’s potential and navigate the necessary actions to take. However, Brookline worked to identify an investor who recognized the long-term value and growth prospects offered by the buildings.
The Little Italy/University Village neighborhood provided an ideal location for these investments. Known for its rich history, abundant transit options, and proximity to downtown Chicago, the area has experienced steady growth and demand for housing. The multifamily team recognized the neighborhood’s potential and positioned the properties as prime opportunities for investors seeking to capitalize on their unique charm and convenient location.
This sale demonstrates Brookline Real Estate’s dedication to providing exceptional service and delivering tailored solutions for their clients. The team looks forward to further expanding its presence in Chicago’s commercial real estate market, bringing their unique expertise and personalized approach to investors and property owners across the city.
For more information about Brookline and how they can help you achieve your real estate goals, please visit brooklinellc.com or contact their office at (630) 590-5910.