Joe Smazal Acquires Multifamily Property From Michael Motew In Chicago For $2.565M

This multifamily property is located at 2163 North Bell Avenue in the Chicago market. The asset sold for a price of $2,565,000, encompassing a total of 8 units. The square footage of the property is 7,850, resulting in a price per unit of $320,625 and a price per square foot of $326.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,565,000
• Units: 8
• Square Footage: 7,850
• Price Per Unit: $320,625
• Price Per Square Foot: $326
• Buyer: Joe Smazal
• Seller: Michael Motew
• Brokers: Jim Darrow, Jordan Gottlieb & Brian Keegan - Essex Realty Group

The transaction involved buyer Joe Smazal acquiring the property from seller Michael Motew, with brokerage representation provided by Jim Darrow, Jordan Gottlieb, and Brian Keegan, who are associated with Essex Realty Group. This representation played a crucial role in facilitating the deal.