Michael Scanlon Acquires Multifamily Property In Bronzeville, Chicago For $1.099M

The multifamily property located at 4906 S St Lawrence Ave in Bronzeville, Chicago, IL has been sold in a recent transaction. The property consists of 3 units with a total square footage of 4,800. The sale price for this transaction was $1,099,000, resulting in a price per unit of approximately $366,333. The price per square foot for the property is approximately $229. The sale was completed on 10/19/2022.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,099,000
• Units: 3
• Price per Unit: $366,333
• Square Footage: 4,800
• Price per Square Foot: $229

In this transaction, Michael Scanlon acted as both the buyer and the buyer's representative. The seller, Tom Primbas, was represented by Karen Biazar from North Clybourn Group, Inc. NOTE: Michael Scanlon is also the buyer's representative for this deal, representing himself as the buyer.