Jordan Gottlieb And Rick Ofman Of Essex Realty Group Represent Buyer In $21M Mixed-Use Sale In Chicago

The transaction involved a mixed-use property located at 918 West Sunnyside Avenue in the Chicago market, which sold for $21,000,000. The asset comprises 59 units and has a total square footage of 51,838, resulting in a price per unit of $355,932 and a price per square foot of $405.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $21,000,000
• Units: 59
• Price Per Unit: $355,932
• Square Footage: 51,838
• Price Per Square Foot: $405
• Buyer's Representative: Jordan Gottlieb & Rick Ofman - Essex Realty Group
• Seller's Representative: Kate Varde & Matt Feo - Essex Realty Group

The deal was facilitated by representatives from Essex Realty Group, with Jordan Gottlieb and Rick Ofman representing the buyer while Kate Varde and Matt Feo represented the seller.