Profectus Realty Acquires Multifamily Property In Oak Lawn, IL For $1.16M

Profectus Realty, LLC has acquired a multifamily property located at 4525 W. 95th Street in Oak Lawn, IL. The property was sold by B&E Holdings LLC. The transaction was facilitated by brokers James Clough, Brian DiBasilio, and George Javaras from Triad Real Estate Partners.

Summary of transaction details:

• Property Type: Multifamily
• Date: 11/02/2021
• Market: Oak Lawn, IL
• Asking Price: $1,285,000
• Sale Price: $1,160,000
• Units: 16
• Price per Unit (PPU): $72,500
• Square Footage: 8,000
• Price per Square Foot (PPSF): $145

The deal involved the collaboration of Profectus Realty, LLC as the buyer and B&E Holdings LLC as the seller. The transaction was completed at a sale price of $1,160,000. The property consists of 16 units with a total square footage of 8,000. The price per unit (PPU) was $72,500, and the price per square foot (PPSF) was $145.

Triad Real Estate Partners, represented by James Clough, Brian DiBasilio, and George Javaras, played a crucial role in facilitating the transaction between the buyer and seller.