Brad Feldman Represents Seller In Chicago Multifamily Sale For $10.55 Million

The transaction involved two multifamily properties located in Chicago. The first asset, a 14-unit property at 5069 North Northwest Highway, was sold for $5.65 million. The second asset, an eight-unit building at 2034 North Avondale Avenue, was sold for $4.9 million. Collectively, these transactions totaled a sale price of $10,550,000, comprising 22 units with a price per unit of $479,545.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,550,000
• Units: 22
• Price Per Unit: $479,545
• Addresses: 5069 North Northwest Highway & 2034 North Avondale Avenue
• Market: Chicago

Senior Managing Partner Brad Feldman of Interra Realty represented the local developer-seller, while Michael Duckler of Interra Realty represented the buyer for the Jefferson Park property. Both properties were fully leased at the time of closing.