Alan Cosby And Mohammed Khan Of Westward360 Sell Multifamily Property In Chicago For $1.465M

The multi-family property located at 1942 North Lincoln Avenue in Chicago has been sold for $1,465,000. It consists of seven units, comprising six one-bedroom apartments and one garden-level studio. The price per unit stands at $209,286. The property is situated in the historic Lincoln Park area and features recent upgrades that include central heating and air conditioning, as well as renovations. There are additional revenue opportunities available through three parking spaces and coin laundry services located in the basement.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,465,000
• Units: 7
• Price Per Unit: $209,286
• Buyer's Representative: Anish Sheth - Third Coast Realty
• Seller's Representatives: Alan Cosby & Mohammed Khan - Westward360

The transaction involved key individuals such as Anish Sheth representing the buyer, and Alan Cosby and Mohammed Khan acting as the seller's representatives. Their roles facilitated the successful completion of this multi-family asset sale in a prominent Chicago market area.