$5.15M MultiFamily Sale At 5534 N Winthrop Ave, Chicago By Matthew Fritzshall

The transaction involved a 25-unit apartment building located at 5534-48 N. Winthrop Ave in Chicago’s Edgewater neighborhood. The asset sold for $5,150,000, translating to $206,000 per unit. The property, built in 1916, comprises six two-bedroom/one-bathroom units and 19 one-bedroom/one-bathroom units. It features a surface parking lot accommodating 13 spaces behind the building and is situated near the Bryn Mawr CTA red-line stop, providing easy access to Lake Shore Drive.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $5,150,000.00
• Address: 5534 N Winthrop Ave, Chicago, IL
• Market: Chicago
• Seller's Representative: Matthew "Matt" Fritzshall-TRITON Realty Group
• Buyer: Unknown

Matthew A. Fritzshall, the president and managing broker of Triton Realty Group, served as the sole broker in this transaction. His commentary highlighted the property's unique vintage courtyard design, emphasizing its curb appeal and ranking it among noteworthy properties on Chicago's North Side.