facebook
Traded Co logo
Submit a Deal
528 West Oakdale Avenue
SOLD

Beal Properties Acquires Multifamily Building In Lakeview East, Chicago For $17.5M

528 West Oakdale Avenue

MultiFamily
clock iconSold 282 days ago
Craig Martin
Joe Smazal
the dealplayerscompscontact
share iconContact now

Summary

Sale
ILLINOIS
MultiFamily

A 60-unit multifamily building located at 528 West Oakdale Avenue in Chicago's Lakeview East neighborhood has been sold for $17.5 million. The sale was brokered by Interra Realty, with Craig Martin and Joe Smazal representing both the buyer, Beal Properties, and the seller, Horizon Realty Group. This transaction highlights the continued demand for high-quality assets in desirable neighborhoods, with each unit priced at approximately $291,667.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $17,500,000
  • Units: 60
  • Price Per Unit (PPU): $291,667
  • Market: Chicago

The buyer, Beal Properties, and the seller, Horizon Realty Group, have successfully completed this transaction with the assistance of Interra Realty's Craig Martin and Joe Smazal. Both parties were represented by these brokers, emphasizing their expertise and experience in the Chicago market.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Craig Martin's profile picture
Craig Martin
Interra Realty-image
Managing Partner
$205M Sold
Joe Smazal's profile picture

Details

Deal Summary
minus icon
SOLD
IMAGE: Craig Martin & Joe Smazal DATE: 10/17/2023 ADDRESS: 528 West Oakdale Avenue MARKET: Chicago ASSET TYPE: Multifamily BUYER: Beal Properties (@BealChicago) - Bill Silverstein SELLER: Horizon Realty Group (@HorizonChicago) - Danny Michael BROKERS: Craig Martin & Joe Smazal (@JSmazal) - Interra Realty (@InterraRealty) SALE PRICE: $17,500,000 UNITS: 60 ~ PPU: $291,667 NOTE: Interra Realty brokered the $17.5 million sale of a 60-unit multifamily building in Chicago's Lakeview East neighborhood, equating to $291,667 per unit. Interra's Craig Martin and Joe Smazal represented both the buyer, Beal Properties, and the seller, Horizon Realty Group, in a deal that highlights continued demand for high-quality assets in desirable neighborhoods

View on map

Loading...

Address528 West Oakdale Avenue

Comparables

No listingsThis user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want