1800 N Elm Street was acquired in 2017 for $900,000—likely below the property’s land value. This 18-unit mixed-use asset is ideally situated on a prominent corner lot in the prestigious Irving Park neighborhood, surrounded by million-dollar homes and just steps from the Greensboro Country Club. With exceptional development potential and substantial land value, Nile Equity Group plans to continue operating the building as an apartment complex in the near term while exploring long-term repositioning opportunities.
