Real Broker LLC Acquires Multifamily Property In Chicago For $1.6M

The property asset involved in this transaction is a multifamily building located at 1115 W Newport Ave in Chicago. The sale price was $1,625,000, with a total of 6 units, resulting in a price per unit of $270,833.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,625,000
• Units: 6
• Price Per Unit: $270,833
• Buyer's Representative: Samuel Hazan - Real Broker LLC
• Seller's Representative: Andrew Levin - Bass Management, Inc.
• Date of Transaction: 04/06/2021

This transaction involved two key representatives, with Samuel Hazan representing the buyer and Andrew Levin serving as the representative for the seller, highlighting the collaboration between Real Broker LLC and Bass Management, Inc. in executing this deal.