Warren Silver Acquires Mount Prospect Multifamily For $5.5M

The multifamily property located at 1050 N Wheeling in Mount Prospect, Illinois was recently sold for $5,500,000. The transaction took place on October 15, 2021, and involved 42 units with an average price per unit of $130,952. The total area of the property is 44,000 square feet, resulting in a price per square foot of $125.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,500,000
• Units: 42
• Price Per Unit: $130,952
• Square Footage: 44,000
• Price Per Square Foot: $125
• Address: 1050 N Wheeling, Mount Prospect, Illinois
• Market: Mount Prospect, Illinois

Warren Silver acquired the property as the buyer, while Dan Howard acted as the seller. The transaction was facilitated by Craig Martin from Interra Realty.

NOTE: No additional information was provided about the property's features or any notable aspects of the deal beyond the transaction details mentioned.