Sal Becovic Acquires Mixed-Use Property At 1325 West Wilson Avenue Chicago For $18.5M

The property involved in this transaction is a mixed-use asset located at 1325 West Wilson Avenue in Chicago. The sale price was $18,500,000, encompassing a total square footage of 47,581. This property features 121 residential units and 4 commercial spaces, with a price per square foot of $388.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $18,500,000
• Address: 1325 West Wilson Avenue
• Market: Chicago
• Residential Units: 121
• Commercial Spaces: 4
• Total Square Footage: 47,581
• Price per Square Foot: $388
• Buyer: Sal Becovic
• Seller: CLK
• Buyer's Representative: Rick Ofman - Essex Realty Group
• Seller's Representative: Jordan Gottlieb - Essex Realty Group
• Buyer & Seller's Representative: Matt Feo - Essex Realty Group

The transaction involved multiple key representatives from Essex Realty Group, highlighting Rick Ofman as the buyer's representative, Jordan Gottlieb as the seller's representative, and Matt Feo representing both parties in the deal. This collaborative effort from the brokerage team contributed to the successful completion of the transaction.