Lakeshore Assets Purchases Multifamily Property At 1613 North Hudson Avenue For $2.6M

This multifamily property is located at 1613 North Hudson Avenue in Chicago. The asset has a total of 10,000 square feet and consists of 7 units, with a price per unit of $371,428 and a price per square foot of $260. The property was sold for $2,600,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,600,000
• Units: 7
• Square Footage: 10,000
• Price Per Unit: $371,428
• Price Per Square Foot: $260
• Buyer: Lakeshore Assets
• Seller: Albany Bank and Trust, beneficiary under Balaban Family Partnership
• Buyer's Representative: Chloe Reynolds - Compass

The buyer, Lakeshore Assets, was represented by Chloe Reynolds from Compass in this transaction. The seller, Albany Bank and Trust, acts as the beneficiary under the Balaban Family Partnership in this sale.