Interra Realty Brokers $1.365M Sale Of 20-Unit Multifamily Portfolio In West Garfield Park And Austin, Chicago

A 20-unit multifamily portfolio located in Chicago's West Garfield Park and Austin neighborhoods has been sold for $1,365,000. This off-market deal showcases the demand for value-add assets in Chicago's West Side, even in the current high-interest-rate environment. Each unit in the portfolio was priced at $68,250, highlighting the affordability of the properties.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $1,365,000
• Units: 20
• Price Per Unit (PPU): $68,250
• Market: Chicago
• Brokers: Samuel Gutierrez & Max Grossman - Interra Realty

Interra Realty facilitated the sale of this multifamily portfolio, demonstrating their expertise in the West Side market. Samuel Gutierrez and Max Grossman from Interra Realty served as the brokers in this transaction, bringing together the buyer and seller to complete the deal successfully.