Compass Broker Miguel Chacon Facilitates $1M Sale Of Multifamily Property On W Taylor St In Chicago

Located at 1420 W Taylor St in Chicago, this multifamily property was recently sold in a closed transaction. The sale was completed on 01/27/2022, with Miguel Chacon from Compass representing the buyer and Shannon Bartlett, also from Compass, representing the seller. The property consists of 6 units, with an approximate price per unit of $166,667. The total sale price for the property was $1,000,000. The lot size is approximately 2,614 square feet, translating to a price per square foot of $383.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,000,000
• Buyer's Rep: Miguel Chacon - Compass
• Seller's Rep: Shannon Bartlett - Compass
• Units: 6
• Price Per Unit: $166,667
• Lot Size: 2,614 square feet
• Price Per Square Foot: $383

This transaction highlights the involvement of Miguel Chacon from Compass, representing the buyer, and Shannon Bartlett, also from Compass, representing the seller. Their expertise and negotiation skills played a vital role in the successful completion of the sale. Both parties were able to reach a mutually beneficial agreement, resulting in a total sale price of $1,000,000 for the 6-unit multifamily property on 1420 W Taylor St in Chicago.