Chelsea Gideon Acquires Multifamily Property In Chicago For $1.25M

The multifamily property located at 2553 N Southport Ave in Chicago has been sold for $1,250,000. This property consists of 2 units, resulting in a per unit price of $625,000. The lot size is 3,125 square feet, translating to a price per square foot of $400.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,250,000
• Units: 2
• Price per Unit: $625,000
• Lot Size: 3,125 square feet
• Price per Square Foot: $400

Chelsea Gideon from Gideon Properties represented the buyer in this transaction, while Steve Green from Baird & Warner Oak Park served as the seller's representative.