facebook
Traded Co logo
Submit a Deal
3136 North Clifton
SOLD

Inhabit Realty Group Acquires 5-Unit Multifamily Building In Lakeview, Chicago For $1.28M

3136 North Clifton

MultiFamily
5,000 SF
clock iconSold 1 year ago
Sung Yoo
A.J. Manaseer
the dealplayerscompscontact
share iconContact now

Summary

Sale
ILLINOIS
MultiFamily
5,000 sqft

Inhabit Realty Group LLC has acquired the 5-unit apartment building located at 3136 N Clifton in the Lakeview neighborhood of Chicago. The property, a multifamily asset, was sold by Sung Yoo. The sale took place on July 23, 2021.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: $1,277,500
  • Address: 3136 N Clifton, Lakeview, Chicago
  • Market: Lakeview, Chicago
  • Buyer: Inhabit Realty Group LLC
  • Seller: Sung Yoo
  • Brokers: A.J. Manaseer - Pearson Realty Group; Sung Yoo - Kale Realty

The 5-unit apartment building on Clifton Avenue presents an attractive investment opportunity for Inhabit Realty Group LLC. With rents in the building being among the lowest in the submarket and the units not having been upgraded since the 80s, there is potential to renovate the property and create value. A.J. Manaseer, principal at Inhabit Realty Group, highlighted this opportunity for their investment team.

Players

  • All

    2

  • Agents

    2

Sung Yoo's profile picture
Sung Yoo
undefined-image
Broker
$1.3M Sold

Details

Deal Summary
minus icon
SOLD
IMAGE: A.J. Manaseer DATE: 07/23/2021 ADDRESS: 3136 N Clifton MARKET: Lakeview, Chicago ASSET TYPE: Multifamily BUYER: Inhabit Realty Group LLC (@InhabitRealtyGroup) SELLER: Sung Yoo BROKERS: A.J. Manaseer (@A.J.Manaseer) - Pearson Realty Group (@PearsonRealtyGroup); Sung Yoo - Kale Realty (@JoinKale) ASKING PRICE: $1,340,000 SALE PRICE: $1,277,500 UNITS: 5 ~ PPU: $255,500 SF: 5,000 ~ PPSF: $256 CAP: 5.38% NOTE: Inhabit Realty Group has acquired the 5-unit apartment building at 3136 N Clifton in Chicago’s Lakeview neighborhood. “Rents in this building are amongst the lowest in this submarket and the units haven’t been upgraded since the 80s. This presents a great opportunity to renovate the building and create value for our investment team,” said A.J. Manaseer, principal at Inhabit Realty Group.

View on map

Loading...

Address3136 North Clifton

Comparables

No listingsThis user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want