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Megan & Gail Grochowiak Acquire Logan Square Multifamily For $687K

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SOLD
$687,000

Illinois

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MultiFamily4,500 SF
Sold 07/08/2020
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Property Image
SOLD

Megan & Gail Grochowiak Acquire Logan Square Multifamily For $687K

3521 W Cortland St, Logan Square, Chicago, IL, USA

See Similar Deals
MultiFamily4,500 SF
Sold 07/08/2020
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$152
Total Square Footage:4,500 SF
Transaction Type:Sale

A multifamily property located at 3521 W. Cortland St in Logan Square, Chicago has been sold. The property consists of 4 units and was sold for a price of $687,000. The sale was completed on July 8, 2021, by Matthew Neistat as the seller's representative and Edward Grochowiak as the buyer's representative. The asking price for the property was $700,000, and the sale price achieved was slightly lower. The per unit price for the property amounts to $171,750.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $687,000
  • Units: 4
  • Address: 3521 W. Cortland St
  • Market: Logan Square, Chicago

In this transaction, Megan and Gail Grochowiak acted as the buyers, with Edward Grochowiak representing them as their broker. On the other side, Matthew Neistat served as the seller's representative. It is worth noting that Edward Grochowiak, who is a broker, represented his family members Megan and Gail in the purchase of this investment property.

Players

Matthew Neistat
5 deals$13.9M volume(847) 714-2913
BROKER

Edward Grochowiak
At Properties Commercial
3 deals$3.5M volume
BROKER

Sotheby's International Realty
BROKERAGE

Details

SOLD
IMAGE: Matthew Neistat & Edward Grochowiak DATE: 07/08/2021 ADDRESS: 3521 W. Cortland St MARKET: Logan Square, Chicago ASSET TYPE: Multifamily BUYER: Megan & Gail Grochowiak BUYER'S REP: Edward Grochowiak SELLER'S REP: Matthew Neistat ASKING PRICE: $700,000 SALE PRICE: $687,000 UNITS: 4 ~ PPU: $171,750 NOTE: Agent- Ed Grochowiak represented his family members Gail & Megan in their purchase of the investment property.

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