Mitir A. Patel Of Dream Town Real Estate Represents Buyer In $1.225M Multifamily Sale In Chicago

The 6-unit multifamily building at 4636 North Hamilton Avenue in Chicago was sold for $1.225 million. The property encompasses 6,202 square feet, translating to a price per unit of $204,167 and a price per square foot of $198. It features long-term tenants with below-market rents, presenting potential for revenue increases through upgrades. The location provides access to public transit and local amenities.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,225,000
• Address: 4636 North Hamilton Avenue
• Market: Chicago
• Units: 6
• Square Footage: 6,202
• Price Per Unit: $204,167
• Price Per Square Foot: $198
• Buyer's Representative: Mitir A. Patel - Dream Town Real Estate
• Seller's Representatives: Dana Jakubco & Nicholas Jakubco - Jakubco Development Inc

This transaction highlights the involvement of Mitir A. Patel, representing the buyer through Dream Town Real Estate, while the seller was represented by Dana and Nicholas Jakubco from Jakubco Development Inc. The successful sale reflects the strategic representation of both parties by their respective brokerages.