Bender Companies Acquires Multifamily Property In Steger, Il For $69.5M

The multifamily property located at 316 W 34th St in Steger, Illinois was recently sold for a total price of $69,500,000. The property consists of 672 units, resulting in a price per unit of $103,423. The transaction took place on October 7, 2021.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $69,500,000
• Units: 672
• Price Per Unit: $103,423
• Address: 316 W 34th St, Steger, IL

The buyer of the property was Bender Companies, while the seller was CiTYR. The sale was facilitated by brokers David Gaines and Kyle Butler from JLL Capital Markets.