Chicago's Historic Drexel Boulevard Attracts Nationwide Buyers

The Broz Group completes the sale of multifamily building in Chicago, Illinois for $2.1 Million

Chicago, IL (PRWEB) October 28, 2005 -- The Broz Group, specialists in Chicago's multi-family real estate market, has completed the sale of 4619-25 S. Drexel Boulevard, a 61-unit building, to Washington D.C. based investors for $2.1 Million. The property is located in Chicago's historic Kenwood neighborhood at the intersection of 47th and Drexel Boulevard.

Built in 1929, the building sits in the middle of frenzied development in the form of condo conversion and new construction. The building offers a strong return and the opportunity for condo conversion as an exit strategy.

Carey Ryan of The Broz Group represented the buyers, private investors from Washington D.C.

Established in 1998 by George Broz, The Broz Group has become one of Chicagoland's premier multi-family investment property brokerages. The Broz Group provides brokerage and advisory services to its clients. For more infomation, please visit http://www.brozgroup.com

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