John Warren Of Forte Properties Acquires Multifamily Property In Chicago For $1,001,000 As Buyer's Rep

The property involved in the transaction is a brick 3-flat with in-law arrangements located at 1346 North Artesian Avenue in Chicago's West Town neighborhood. The property offers updated units with high-quality finishes, including quartz countertops, stainless steel appliances, and rain shower heads. Situated in a thriving area close to amenities such as the 606 Trail, Humboldt Park, CTA, and local restaurants and nightlife, this property presents an excellent investment opportunity.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,001,000
• Units: 3
• Price Per Unit: $333,667
• Address: 1346 North Artesian Avenue
• Market: Chicago

John Warren represented the buyer in the acquisition of the property, while Serghei Salcutan and Simon Danuta acted as the seller's representatives. The property's updated units with modern features provide the potential for substantial rental income, making it a lucrative investment opportunity in a sought-after neighborhood.