SOLD
Interra Realty Brokers 19-Unit Multifamily Sale In Chicago's West Loop And Andersonville Neighborhoods To Out-of-State Buyer For $5.025M
1619-1621 West Warren Boulevard & 1554 West Hollywood Avenue
MultiFamily
Sold 358 days ago
Summary
Sale
ILLINOIS
MultiFamily
A multifamily property located at 1619-1621 West Warren Boulevard & 1554 West Hollywood Avenue in Chicago has been sold for a total of $5,025,000. The property consists of 19 units, with a price per unit of $264,474.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,025,000
- Units: 19
- Price Per Unit (PPU): $264,474
Interra Realty, represented by Jeremy Morton and Brad Feldman, brokered the sale of this property. The deal reflects the stable demand and predictable returns in the Chicago market. Notably, Interra Realty also facilitated another multifamily sale in the West Loop and Andersonville neighborhoods to the same out-of-state buyer. The prices per unit in these transactions were $246,875 and $277,273, respectively.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Brad Feldman & Jeremy Morton
DATE: 05/16/2023
ADDRESS: 1619-1621 West Warren Boulevard & 1554 West Hollywood Avenue
MARKET: Chicago
ASSET TYPE: Multifamily
BROKERS: Jeremy Morton (@JMorton22) & Brad Feldman (@BSFeldman) - Interra Realty (@InterraRealty)
SALE PRICE: $5,025,000
UNITS: 19 ~ PPU: $264,474
NOTE: Interra Realty brokered two multifamily sales in Chicago's West Loop and Andersonville neighborhoods to the same out-of-state buyer. The transactions reflect stable demand and predictable returns in the city, with prices per unit at $246,875 and $277,273.View on map
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Address1619-1621 West Warren Boulevard & 1554 West Hollywood Avenue
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