REALTOR Greg Viti of Berkshire Hathaway HomeServices Chicago Sells Out Luxury New Construction Building at 1655 McGovern Street in Highland Park, Illinois
Berkshire Hathaway HomeServices Chicago is pleased to announce that Greg Viti, team leader of the AVE Group in the firm's Michigan Avenue office, has sold out the 4-unit luxury new construction building at 1655 McGovern Street in Highland Park, Illinois. Demolition of the original structure occurred in 2014. Construction of the four-story brick residences began immediately and concluded in 2016. First occupancies occurred in 2017. Initially rental units, the residences rented for between $5,750 - $8,250 per month, the highest priced rentals in Highland Park at the time. Viti closed on the last unit, #102, for $675,000 on October 3o, 2020. The sold prices for the previous units were: #101 for $695,000, #200 for $1,110,000 and #300 for $1,140,000.
Viti was managing partner to the group that purchased the land and built 1655 McGovern. He was pleased to act as property manager for three years before selling the units. He said, "Having been raised in Highland Park, and as a third generation REALTOR®, I loved working on this project that truly brought me back to my roots. The location is ideal, close to downtown Highland Park, and it offers easy access to transportation. These 3,000-square-foot plus residences offer high-end finishes and appliances, tall ceilings, moldings, an elevator and each unit has its own private 2-car garage. They really appeal to what buyers are looking for in today's market."
Viti has 30 years of real estate experience having learned the ropes from his grandfather Guy Viti Sr and father Blase J. Viti Sr. His grandfather started his own real estate firm named Guy Viti Real Estate & Insurance in Highwood, Illinois in 1937 and his son, Greg's father, followed in his footsteps and instilled in him the keys to success of integrity, responsibility and strong relationships. Today, Greg Viti is the Team Leader of the AVE Group at Berkshire Hathaway HomeServices Chicago. To reach Greg Viti, please call 773-617-8880 or e-mail him at gviti@bhhschicago.com.
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The Michigan Avenue office is located at 980 N Michigan Avenue, Suite 700. To reach the office, please call 312.944.8900. Berkshire Hathaway HomeServices Chicago is a full-service real estate firm with more than 1,500 real estate professionals and staff in 24 offices serving customers throughout the Chicago metropolitan area, the North Shore, West Suburban communities, Southern Wisconsin, Northwest Indiana and Harbor Country, Michigan. Recognized as a Top Workplace in Chicago, their local roots are complemented by the extensive global reach of Berkshire Hathaway HomeServices, one of the nation's leading real estate brands. Clients can experience all-inclusive homeownership services from their affiliated companies: Prosperity Home Mortgage, Fort Dearborn Title, and HomeServices Insurance. Visit BHHSChicago.com.