SEMCO Realty Partners Acquires Multifamily Asset At 4431 North Racine Avenue For $2,140,000

The asset involved in this transaction is a multifamily property located at 4431 North Racine Avenue in the Chicago market. The sale price of the property was $2,140,000, which corresponds to a price per unit of $356,666 for a total of 6 units. The total square footage of the property is 8,490, with a price per square foot of $252.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,140,000
• Units: 6
• Price Per Unit: $356,666
• Square Footage: 8,490
• Price Per Square Foot: $252
• Buyer: SEMCO Realty Partners
• Seller: Mike Kaplun
• Buyer's Representative: Micah Weis & John Preston - Horvath & Tremblay

This transaction involved key individuals such as the buyer SEMCO Realty Partners, represented by Micah Weis and John Preston from Horvath & Tremblay, and the seller Mike Kaplun. The cooperation of the involved parties facilitated the successful completion of the sale.