Greystone Bel Real Estate Advisors Chicago Brokers William Montana & Christopher Sackley Facilitate $43.3M Multifamily Sale In Rockford, IL

The multifamily property located at 3464 Hampton Ridge Drive, 2665, 2671, 2695, 2711, 2715, 2750, 2751 & 2755 Lund Avenue, 2900-2926 Sandy Hollow Road, 1403, 1417, 1435, 1451, 1473 & 1491 Stony Creek Way & 906 McKnight Circle in Rockford, Il has been sold for a total of $43,300,000. The transaction took place on August 17, 2021, and the property comprises 582 units. The price per unit in this sale amounts to $74,399.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $43,300,000
• Units: 582
• Price Per Unit: $74,399
• Sale Date: August 17, 2021
• Address: 3464 Hampton Ridge Drive, 2665, 2671, 2695, 2711, 2715, 2750, 2751 & 2755 Lund Avenue, 2900-2926 Sandy Hollow Road, 1403, 1417, 1435, 1451, 1473 & 1491 Stony Creek Way & 906 McKnight Circle, Rockford, Il

The deal was brokered by William Montana and Christopher Sackley from Greystone Bel Real Estate Advisors Chicago.