Dream Town Realty Acquires Multifamily Property In Chicago's Market For $1.075M

The multifamily property located at 1007 N California Ave in Chicago has been sold for a total price of $1,075,000. The property consists of 5 units, with each unit having a price per unit (PPU) of $215,000. The total lot size of the property is 3,125 square feet, resulting in a price per square foot (PPLSF) of $344.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,075,000
• Units: 5
• Price per Unit (PPU): $215,000
• Lot Size: 3,125 square feet
• Price per Square Foot (PPLSF): $344
• Buyer's Representative: Mitir A Patel - Dream Town Realty
• Seller's Representative: Mark Icuss - Compass

Mitir A Patel from Dream Town Realty represented the buyer in this transaction, while Mark Icuss from Compass represented the seller. The deal was closed on January 5, 2022.