Jeremy Morton Of Interra Realty Represents Buyer In Sale Of Multifamily Buildings In Chicago For $6.525M

The transaction involved a multifamily property located at 10-12 West Chestnut Street and 1754-1756 West 21st Place in the Chicago market. The total sale price for the assets was $6,525,000, comprising 20 units, resulting in a price per unit of $326,250. The properties were fully occupied vintage buildings.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,525,000
• Units: 20
• Price Per Unit: $326,250
• Buyer's Representative: Jeremy Morton - Interra Realty
• Seller's Representative: Steven Rapoport - CRER (Chicago Real Estate Resources)

This deal was one of two multifamily sales brokered by Interra Realty, highlighting the firm's engagement in significant real estate transactions in Chicago. Both properties involved active negotiations between the representatives, ensuring the process aligned with market expectations.