Sal Becovic Of Becovic Residential Acquires 96-Unit Multifamily Building In Chicago For $17.4M

A 96-unit apartment building located at 5411 North Winthrop Avenue in Chicago, IL, was involved in a transaction. It was sold for $17.4 million, resulting in a price per unit of $181,250.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $17,400,000
• Units: 96
• Price Per Unit: $181,250
• Buyer: Sal Becovic - Becovic Residential
• Seller: Craig Koenigsberg - CLK Properties
• Brokerage: Jacob Price & Katie LeGrand - Kiser Group
• Date of Transaction: 01/09/2025
• Market: Chicago, IL

This transaction marks Becovic Residential's fourth purchase from CLK Properties' portfolio, reflecting the ongoing relationship between the buyer and seller in the multifamily real estate market.