SOLD
Monarch Realty Partners Sets Submarket Record With Sale Of Renovated 18-Unit Multifamily In Chicago
11238 South Vernon Avenue
MultiFamily
Sold 198 days ago
Summary
Sale
ILLINOIS
MultiFamily
A renovated 18-unit courtyard building located at 11238 South Vernon Avenue in Chicago's Roseland neighborhood was recently sold for a record-breaking price of $1,425,000. The property, which falls under the multifamily asset type, boasts a price per unit (PPU) of $79,167.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,425,000
- Units: 18
- Price Per Unit (PPU): $79,167
- Address: 11238 South Vernon Avenue
- Market: Chicago
Monarch Realty Partners, represented by brokers Daniel Shabsin, Jeremy DeMarco, and Robert Berman, facilitated the sale of this lucrative property. The transaction set a price-per-door record in the Roseland submarket, demonstrating the desirability and value of the renovated building.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Jeremy DeMarco, Robert Berman & Daniel Shabsin
DATE: 10/17/2023
ADDRESS: 11238 South Vernon Avenue
MARKET: Chicago
ASSET TYPE: Multifamily
BROKERS: Daniel Shabsin, Jeremy DeMarco & Robert Berman - Monarch Realty Partners
SALE PRICE: $1,425,000
UNITS: 18 ~ PPU: $79,167
NOTE: Monarch Realty Partners sold a renovated 18-unit courtyard building at 11238 S Vernon in Chicago's Roseland neighborhood for $1,425,000, setting a price-per-door record in the submarket.
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Address11238 South Vernon Avenue
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