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Pacific Life Acquires Multifamily Property In West Loop, Chicago For $104M

Property Image
SOLD
$104,000,000

Illinois

See Similar Deals
MultiFamily
Sold 11/16/2022
the dealdetailscomps
Property Image
SOLD

Pacific Life Acquires Multifamily Property In West Loop, Chicago For $104M

141454 West Randolph Street, West Loop, Chicago, IL

See Similar Deals
MultiFamily
Sold 11/16/2022

Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

The property involved in this closed transaction is a multifamily asset located at 1454 West Randolph Street in the West Loop area of Chicago. The sale took place on November 16, 2022, with Nick Ryan capturing the image of the property. The market for this asset was the West Loop neighborhood.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $104,000,000
  • Units: 242
  • Price Per Unit (PPU): $429,752
  • Buyer: Pacific Life
  • Seller: Marquette Cos. - Nick Ryan

Pacific Life was the buyer in this transaction, while Marquette Cos. represented the seller. The property consists of 242 units, with a sale price of $104,000,000 and a price per unit of $429,752. Nick Ryan captured an image of the property, situated on 1454 West Randolph Street in the West Loop area of Chicago.

Players

SELLER

Details

SOLD
IMAGE: Nick Ryan DATE: 11/16/2022 ADDRESS: 1454 West Randolph Street MARKET: West Loop, Chicago ASSET TYPE: Multifamily BUYER: Pacific Life (@PacificLife) SELLER: Marquette Cos. - Nick Ryan SALE PRICE: $104,000,000 UNITS: 242 ~ PPU: $429,752

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