Kiser Group Sells Ravenswood Multifamily Property For $9.72M

A multifamily property located at 5017 N Wolcott Ave in Ravenswood, Chicago has been sold for $9,720,000. The property consists of 44 units with an average price per unit of $220,909. It spans over 17,656 square feet, resulting in an average price per square foot of $551.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $9,720,000
• Units: 44
• Price per Unit: $220,909
• Square Footage: 17,656
• Price per Square Foot: $551

The sale of this multifamily property was facilitated by Lee Kiser, Andy Friedman, and Jake Parker from Kiser Group. They represented the parties involved in the transaction as brokers.