TLC Management Acquires Edgewater Multifamily From Greenstone Property Group For $43M | 5815 North Sheridan | Lee Kiser | MultiFamily | Sale

Summary

Sale

ILLINOIS

MultiFamily

768 sqft

A multifamily property located at 5815 N. Sheridan in Edgewater has been sold for a total of $43,000,000. The property consists of 188 units, with each unit valued at an average price of $228,723. The sale took place on September 2, 2021.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $43,000,000
Address: 5815 N. Sheridan
Market: Edgewater

The buyer of the property is TLC Management, while the seller is Greenstone Property Group. The deal was brokered by Lee Kiser from Kiser Group. This transaction highlights the successful collaboration between the buyer, seller, and the broker representative, ensuring a smooth and efficient transfer of the property ownership.

Players

All
2

Agents
1
Agencies
1

Lee Kiser

Principal / Managing Broker

$163.8M Sold

Kiser Group

Details

Deal Summary

SOLD

IMAGE: Lee Kiser DATE: 09/02/2021 ADDRESS: 5815 N. Sheridan MARKET: Edgewater ASSET TYPE: Multifamily BUYER: TLC Management SELLER: Greenstone Property Group BROKERS: Lee Kiser - Kiser Group (@KiserGroup) SALE PRICE: $43,000,000 UNITS: 188 ~ PPU: $228,723

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Address5815 North Sheridan

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