Steve Cook Acquires Lakeview Apartment Building In Chicago For $5.45M
3301 North Sheffield Avenue
Summary
A Lakeview apartment building in Chicago has been sold for $5.45 million. The six-unit mixed-use property, located at 3301 N. Sheffield Ave., features a combination of one, two, and three-bedroom apartments. The building has undergone recent renovations, including updates to its plumbing and electrical systems. The new owners, who are experienced in the Chicago multi-family market, plan to further upgrade the property to attract new tenants and maximize its potential.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $5,450,000
- Date: 06/20/2023
- Address: 3301 N. Sheffield Ave.
- Market: Chicago
Interra Realty, a Chicago-based real estate firm, successfully brokered the sale of the property. The deal was facilitated by Joe Smazal from Interra Realty. As experienced representatives in the Chicago multi-family market, the buyer, Steve Cook, is expected to bring additional value to the property through future upgrades and tenant attraction efforts.
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