Karen Biazar, Staci Slattery & Daniel Close Facilitate $10.49M Chicago Multifamily Sale

A 3-unit multifamily property at 2246 West Charleston Street in Chicago's Bucktown was recently sold for $10.49 million. The property features two duplex owner's units and one simplex apartment. With a 7.1% cap rate, it boasts a gross annual income of $85,200.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,490,000
• Address: 2246 West Charleston Street
• Market: Chicago
• Units: 3
• Price Per Unit: $3,496,667

The buyer's representatives in this transaction were Karen Biazar and Staci Slattery from North Clybourn Group. On the other side, Daniel Close from Redfin served as the seller's representative for the deal.