Essex Realty Group Acquires 13-Unit Multifamily Building In Englewood Chicago For $800,000

Congratulations to Brian Mond and the south side team on the sale of 6348 S Ada St, a 13-unit multi-family building in Chicago's Englewood neighborhood. This property, located on a quiet residential block, is 100% occupied and spans 10,000 square feet. The sale price was $800,000, resulting in a price per unit of $61,538, and a price per square foot of $80.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $800,000
• Units: 13
• Price per Unit: $61,538
• Size (SF): 10,000
• Price per Square Foot: $80

The sale of 6348 S Ada St generated significant interest among local investors and was shown over a dozen times. The property's exceptional maintenance, combined with its prime location near Ogden Park, which offers various recreational activities, contributed to its appeal. For more information about this sale or other properties in the south side inventory, please contact Essex Realty Group, Inc.