JAB Real Estate Sells Multifamily Asset At 2848 North Seminary Avenue Chicago For $10.85M

The multifamily asset located at 2848 North Seminary Avenue in Chicago features 19 units and comprises a total area of 21,781 square feet. The property was sold for a price of $10,850,000, leading to a per unit price of $571,052 and a price per square foot of $498.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,850,000
• Units: 19
• Square Footage: 21,781
• Price Per Unit: $571,052
• Price Per Square Foot: $498
• Seller: JAB Real Estate
• Broker Representatives: Steven Livaditis, Jim Darrow, Jordan Gottlieb & Brian Keegan - Essex Realty Group
• Transaction Date: 02/27/2026

This transaction involved multiple brokers from Essex Realty Group, including Steven Livaditis, Jim Darrow, Jordan Gottlieb, and Brian Keegan, who represented the seller, JAB Real Estate, during the process.