Multifamily Property At 2038 West Touhy Avenue Sold For $6 Million In Chicago

The multifamily asset located at 2038 West Touhy Avenue in Chicago was sold for $6,000,000. This property comprises 33 units and spans a total of 19,469 square feet, equating to a price per unit of $181,818 and a price per square foot of $308.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,000,000
• Units: 33
• Square Footage: 19,469
• Price Per Unit: $181,818
• Price Per Square Foot: $308

The transaction involved brokers Jordan Gottlieb, Jim Darrow, Matt Feo, Brian Keegan, and Abe Eilian, all representing Essex Realty Group. Their collective expertise facilitated the sale within the competitive Chicago market.