SOLD
Paul Cawthon & Angelo Labriola Of SVN Facilitate $3.4M Sale Of Multifamily Building In Chicago's Pilsen Area
1800 South Carpenter Street
MultiFamily
Sold 13 days ago
Summary
Sale
ILLINOIS
MultiFamily
An 11-unit apartment building located at 1800 S. Carpenter St. in Chicago's Pilsen neighborhood was sold for $3,400,000. The transaction was facilitated by SVN Chicago Commercial, with Paul Cawthon and Angelo Labriola of SVN representing both the buyer and seller. The out-of-state buyer secured a Freddie Mac Small Balance Loan for the purchase.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,400,000
- Address: 1800 South Carpenter Street
- Market: Chicago
- Brokers: Paul Cawthon & Angelo Labriola - SVN
- Units: 11
- Price Per Unit: $309,091
The sale also involved the out-of-state buyer obtaining the Freddie Mac Small Balance Loan (SBL) for the purchase, showcasing the financial aspect behind the successful acquisition of the property.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Paul Cawthon & Angelo Labriola
DATE: 05/08/2024
ADDRESS: 1800 South Carpenter Street
MARKET: Chicago
ASSET TYPE: Multifamily
BROKERS: Paul Cawthon & Angelo Labriola (@CLG_Chicago) - SVN (@SVN_Chicago)
SALE PRICE: $3,400,000
UNITS: 11 ~ PPU: $309,091
NOTE: SVN Chicago Commercial facilitated the $3.4 million sale of an 11-unit apartment building situated at 1800 S. Carpenter St. in Chicago's Pilsen neighborhood. The transaction, represented by Paul Cawthon and Angelo Labriola of SVN, involved both the buyer and seller, with the out-of-state buyer obtaining a Freddie Mac Small Balance Loan (SBL) for the purchase.View on map
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Address1800 South Carpenter Street
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