First Western Properties Sells 3 Building Portfolio In Pilsen, Chicago For $900,000

Located in the Pilsen and Little Village neighborhoods of Chicago, a three-building portfolio has been sold for $900,000. The portfolio consists of 11 multifamily units, totaling 12,000 square feet. The buildings, situated at 2903 W 25th Street, 2905 W 25th Street, and 2903-5 W 25th Street, offer a great investment opportunity in an emerging market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $900,000
• Address: 2903 W 25th Street, 2905 W 25th Street, 2903-5 W 25th Street
• Market: Pilsen, Little Village, Chicago

The sale of this portfolio was facilitated by Paul Tsakiris and Jacob Elgazar from First Western Properties. They represented the buyer and seller, ensuring a smooth transaction process. Their expertise in the local market and negotiation skills contributed to the successful closing of this deal.

This transaction presents a fantastic opportunity for investors looking to enter the Pilsen and Little Village markets. With increasing demand for multifamily properties in these neighborhoods, the 11-unit portfolio is expected to yield favorable returns for its new owner.