A fully remodeled 8-unit multifamily building located at 4723 South Forrestville Avenue in Chicago's Bronzeville neighborhood has sold for $1,650,000. The property consists of 11,700 square feet and is fully occupied, cash-flowing with potential value-add opportunities. The price per unit stands at $206,250, while the price per square foot is $141.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,650,000
• Units: 8
• Square Footage: 11,700
• Price Per Unit: $206,250
• Price Per Square Foot: $141
• Buyer's Representative: Jaime Campos - Re/Max Loyalty
• Seller's Representative: Theresa Mueller - Trelleum Real Estate

Jaime Campos represented the buyer in this transaction, while Theresa Mueller represented the seller. The collaboration between these agents facilitated the sale of this investment property, highlighting their roles in the multifamily real estate market in Chicago.