Becovic Residential, a Chicago-based multifamily operator and owner, has added a corner courtyard multifamily building to their northside portfolio. The Damen Fargo, located in Chicago at 7381 N. Damen, was sold for $4 million. The transaction was facilitated by Matt Feo with Chicago-based Essex Realty Group, and financed by Associated Bank. The property will be managed by Becovic Management Group. All units feature spacious floor plans and beautifully renovated bathrooms, kitchens, and hardwood flooring throughout.
The Damen Fargo is close to Pottawatomie Park. It is just a half-mile from the Howard RedLine and a short walk to the Clark bus stop. Two blocks north of the property is the busy Howard Street Corridor. Gateway Centre Plaza is seven minutes northeast of the property, which provides residents with access to national big-box retail chains. Jarvis Square, a popular local entertainment and dining destination, is just 15 minutes walk away. It features a theater, restaurants and nightlife.