Beal Properties Acquires Mixed-Use Building From Richard Zisook For $35.75M In Chicago

The property asset involved in the transaction is located at 558 West Webster Avenue in the Chicago market. The mixed-use asset has a sale price of $35,750,000, comprising 79 units and encompassing a total square footage of 65,320. The price per unit amounts to $452.53, while the price per square foot is calculated at $547.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $35,750,000
• Buyer: Beal Properties
• Seller: Richard Zisook - Sandz Development
• Brokers: Harrison Cohen & Matt Fritzshall - TRITON Realty Group
• Units: 79
• Square Footage: 65,320
• Price per Unit: $452.53
• Price per Square Foot: $547

Key individuals involved in the deal include Beal Properties as the buyer and Richard Zisook from Sandz Development as the seller. The transaction was facilitated by brokers Harrison Cohen and Matt Fritzshall, representing the seller through their agency, TRITON Realty Group.