Essex Realty Group, Inc. Closes $7.27M Crestwood Portfolio Sale | 5420 West 129th Place - Crestwood Portfolio | Brian Keegan, Derek Kaptanoglu | MultiFamily | Sale

Summary

Sale

ILLINOIS

MultiFamily

54,000 sqft

The Crestwood Portfolio, located at 5420 West 129th Place in Crestwood, was recently sold in a multifamily property transaction. The portfolio consists of 60 units spread across multiple parcels, totaling 54,000 square feet. The sale price for the Crestwood Portfolio was $7,270,000, with a price per unit of $121,167 and a price per square foot of $135. The property is well-located in the Crestwood market.

Summary of transation details

Property Type: Multifamily
Transaction Amount: $7,270,000
Units: 60
Price Per Unit: $121,167
Square Footage: 54,000
Price Per Square Foot: $135
Market: Crestwood

In this transaction, Derek Kaptanoglu from Essex Realty Group, Inc. represented the buyer, while Brian Keegan, also from Essex Realty Group, Inc., represented the seller. Congratulations to both Derek Kaptanoglu and Brian Keegan on the successful closing of the Crestwood Portfolio. Essex Realty Group, Inc. can provide more information about this sale or assist with evaluating the value of your Chicagoland assets.

Players

All
3

Agents
2
Agencies
1

$14.3M Sold

$67.6M Sold

Details

Deal Summary

SOLD

IMAGE: Derek Kaptanoglu & Brian Keegan DATE: 05/15/2023 ADDRESS: 5420 West 129th Place - Crestwood Portfolio MARKET: Crestwood ASSET TYPE: Multifamily BUYER'S REP: Derek Kaptanoglu - Essex Realty Group, Inc. (@EssexRealtyGroupInc) SELLER'S REP: Brian Keegan (@Brokerbk_) - Essex Realty Group, Inc. SALE PRICE: $7,270,000 UNITS: 60 ~ PPU: $121,167 SF: 54,000 ~ PPSF: $135 NOTE FROM @EssexRealtyGroupInc: Congratulations to Essex (@essexrealtygroupinc) Directors Brian Keegan and Derek Kaptanoglu on closing the Crestwood Portfolio. The sale totaled 60 units spread across multiple parcels, all of which were well-located in the area. Brian Keegan (@brokerbk_) represented the seller, and Derek Kaptanoglu represented the buyer. Congratulations, again, to all involved in this sale. Please contact Essex Realty Group, Inc. to learn more, or if you are interested in learning the value of your Chicagoland asset(s).

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Address5420 West 129th Place - Crestwood Portfolio

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