Ray Cahnman Sells Multifamily Property In Arlington Heights For $16M

A multifamily property located at 3400-20 N. Old Arlington Heights Rd in Arlington Heights, Il has been sold for $16,000,000. The property consists of 72 units, with a price per unit of $222,222.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $16,000,000
• Units: 72
• Price per Unit: $222,222
• Address: 3400-20 N. Old Arlington Heights Rd, Arlington Heights, Il
• Market: Arlington Heights, Il

The seller of the property was Ray Cahnman. The sale was facilitated by brokers Ron Plonis, Lee Kiser, and Jeff Leibovich from Kiser Group.