1800 N Elm St was purchased in 2017 for $900,000, most likely less than the land value of the property. It consists of 18 mixed units, beautifully sat on a corner lot in the prestigious Irving Park neighborhood. The property is surrounded by million dollar homes with Greensboro Country Club around the corner. The development possibilities are endless and the land value significant. NEG will continue to operate the charming building as an apartment complex in the short term.