Jonathan Rose Companies Acquires Multifamily Property In Chicago For $11.6M

The multifamily property located at 2242 South Princeton Avenue in Chicago has been sold for a total price of $11,600,000. The transaction took place on February 14, 2022. The property consists of 146 units, with an average price per unit (PPU) of $79,452.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $11,600,000
• Units: 146
• Average Price Per Unit: $79,452

The buyer of the property was Jonathan Rose Companies, represented by Jonathan Rose himself. The seller was Tony Fusco, and the transaction was facilitated by Prudential Huntoon Paige.