Apartment Investment Advisers Acquires Multifamily Property In Chicago For $1.75M

An apartment building located at 2240 N. Sawyer Avenue in Chicago has been sold for a total price of $1,750,000. The property is a multifamily asset consisting of 6 units. This translates to a price per unit of approximately $291,666. The transaction took place on November 25, 2020. The sale was facilitated by Bill Cassin of Apartment Investment Advisers (AIA).

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $1,750,000
• Units: 6
• Price per Unit: $291,666
• Date: November 25, 2020
• Address: 2240 N. Sawyer Avenue, Chicago
• Broker: Bill Cassin - Apartment Investment Advisers (AIA)

Bill Cassin of Apartment Investment Advisers (AIA) played a key role in facilitating the sale of the apartment building located at 2240 N. Sawyer Avenue in Chicago. The transaction took place on November 25, 2020, with a total sale price of $1,750,000. The property is a multifamily asset comprising of 6 units, with each unit valued at approximately $291,666.