Monarch Realty Partners Brokers $38.85M Sale Of Multifamily Property In Montclare, Chicago

The multifamily property located at 2931 N. Harlem Avenue in the Montclare neighborhood of Chicago has been sold for a price of $38,850,000. This transaction took place on January 21, 2022. The property consists of 165 units, with an average price per unit of $235,455. The total square footage of the property is 208,000, resulting in a price per square foot of $187.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $38,850,000
• Units: 165
• Price per Unit: $235,455
• Square Footage: 208,000
• Price per Square Foot: $187
• Address: 2931 N. Harlem Avenue, Montclare, Chicago
• Broker: Bill Baumann - Monarch Realty Partners

Bill Baumann of Monarch Realty Partners represented the parties involved in this sale.