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Essex Realty Acquires Multifamily Property In North Center, Chicago For $2.67M

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SOLD
$2,675,000

Illinois

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MultiFamily15,000 SF
Sold 12/20/2022
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Property Image
SOLD

Essex Realty Acquires Multifamily Property In North Center, Chicago For $2.67M

3801 North Lincoln Avenue

See Similar Deals
MultiFamily15,000 SF
Sold 12/20/2022
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$178
Total Square Footage:15,000 SF
Transaction Type:Sale

The multifamily property located at 3801 North Lincoln Avenue in the North Center neighborhood of Chicago has been sold. The sale was facilitated by Rick Ofman of Essex Realty. The property spans 15,000 square feet and consists of 13 units.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: $2,675,000
  • Square Footage: 15,000
  • Price per Square Foot: $178
  • Number of Units: 13
  • Price per Unit: $205,769
  • Buyer's Representative: Rick Ofman - Essex Realty

Rick Ofman, representing Essex Realty, played a crucial role in this property transaction in North Center, Chicago. The sale price of $2,675,000 reflects the value of the 15,000 square feet property with 13 units. The buyer's representative, Rick Ofman, ensured a smooth and successful transaction, showcasing their expertise in the market.

Players

Rick Ofman
Essex Realty Group
Rick Ofman
28 deals$245.4M volume
BROKER

Details

SOLD
IMAGE: Rick Ofman DATE: 12/20/2022 ADDRESS: 3801 North Lincoln Avenue MARKET: North Center, Chicago ASSET TYPE: Multifamily BUYER'S REP: Rick Ofman - Essex Realty (@EssexRealtyGroupInc) SALE PRICE: $2,675,000 SF: 15,000 ~ PPSF: $178 UNITS: 13 ~ PPU: $205,769

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