ShainRealty Capital Acquires Property At 4611 S Drexel Blvd In Chicago For $4.9M With Rep Jeff Baasch

The transaction involves a sale of a multifamily building located at 4611 S Drexel Blvd, Chicago, IL, 60653. The property features 44 units and was sold for $4,900,000. This asset is situated in the Chicago market, specifically in the Kenwood neighborhood, and has a reported square footage of 0.

Summary of transaction details:

• Property Type: Multifamily Building
• Transaction Amount: $4,900,000.00
• Address: 4611 S Drexel Blvd, Chicago, IL, 60653
• Market: Chicago
• Seller's Representative: Jeff Baasch
• Buyer: ShainRealty Capital
• Acquisition Count: 9 on Chicago’s South Side

Jeff Baasch represented the seller in this transaction. The buyer, ShainRealty Capital, is a privately owned real estate investment firm based in Los Angeles. This deal marks a continued expansion for ShainRealty Capital in the Chicago real estate market.