Fully Rented Multifamily Property Sold In Old Town Chicago For $1.79 Million With Erik Gimbel & Jason Merel As Seller's Rep

A fully rented 3-flat multifamily property located at 1448 North Wieland Street in Chicago's Old Town sold for $1.79 million. The well-maintained building includes multiple updated units and boasts strong rental income, highlighting its appeal in a prime location.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,790,000
• Address: 1448 North Wieland Street
• Market: Chicago
• Buyer's Representative: Srinivasa Sirigiri - Provident Realty
• Seller's Representatives: Erik Gimbel & Jason Merel - EXP Realty

The transaction involved several key individuals and companies contributing to the deal. Srinivasa Sirigiri represented the buyer, while Erik Gimbel and Jason Merel handled the seller's representation. Their roles were crucial in facilitating the exchange of the multifamily property in a competitive market.