Pacific Life Acquires Multifamily Property In West Loop, Chicago For $104M
Illinois
See Similar DealsPacific Life Acquires Multifamily Property In West Loop, Chicago For $104M
141454 West Randolph Street, West Loop, Chicago, IL
See Similar DealsSummary
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
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.