Qiuping Folino Of Concentric Realty Represents Buyer In Chicago Multifamily Sale For $1.15M

The property asset involved in the transaction is a 6-unit multifamily property with a coach house, located at 3820 South Lowe Avenue in Chicago's Bridgeport neighborhood. The sale price was $1,150,000, which results in a price per unit of $191,667.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,150,000
• Units: 6
• Price Per Unit: $191,667
• Buyer’s Representative: Qiuping Folino - Concentric Realty
• Seller’s Representatives: David Schwalb & Jack Wiley - Schwalb Realty Group Inc
• Market: Chicago
• Date of Transaction: 07/29/2024

Qiuping Folino of Concentric Realty represented the buyer in this transaction, while the seller was represented by David Schwalb and Jack Wiley of Schwalb Realty Group Inc. The deal reflects a collaborative effort between the involved real estate representatives to facilitate the sale of the multifamily property.