BCG Real Estate Group Purchases Multifamily Property At 3129 West Augusta Boulevard For $2.32M

The asset involves a MultiFamily property located at 3129 West Augusta Boulevard in Chicago. The transaction price was $2,320,000, with a total of 14 units. The property covers a square footage of 8,745, leading to a price per unit of $165,714 and a price per square foot of $265.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $2,320,000
• Units: 14
• Square Footage: 8,745
• Price Per Unit: $165,714
• Price Per Square Foot: $265
• Buyer: BCG Real Estate Group
• Broker: Andrew Dorazio - Fitzgerald Real Estate

This transaction marks the largest sale to date for Dorazio Real Estate, exceeding $2.3 million, and also represents BCG's largest building purchase, enhancing their portfolio of owned and managed properties in the Ukrainian Village, Humboldt Park, and West Town neighborhoods.