Mavrik Capital Acquires Multifamily Property From Kevin Moriarty In Chicago For $1,458,400

The asset involved in this transaction is a multifamily property located at 10710 South Church Street in the Chicago market. The sale price was $1,458,400, which translates to a price per unit of $81,022, based on a total of 18 units. The total square footage of the property is 18,000, resulting in a price per square foot of $81.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,458,400
• Buyer: Mavrik Capital
• Seller: Kevin Moriarty
• Broker: Jack Stanton - Marcus & Millichap
• Units: 18
• Square Footage: 18,000
• Price Per Unit: $81,022
• Price Per Square Foot: $81

The transaction was facilitated by Jack Stanton of Marcus & Millichap, who represented the seller in this deal. Mavrik Capital acquired the multifamily property from Kevin Moriarty, marking a significant transaction in the Chicago real estate market.