Monarch Realty Partners Sells Multifamily Property In Rogers Park, Chicago For $11M

An asset located at 6414 N Ridge Blvd in Rogers Park, Chicago, was recently sold in a closed transaction. The property is a multifamily building consisting of 72 units, with a total square footage of 52,215. The asking price for the property was $10,750,000, and it was ultimately sold for $11,037,000. The per unit price for the property was $153,292, and the price per square foot was $211.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $11,037,000
• Units: 72
• Price per Unit: $153,292
• Square Footage: 52,215
• Price per Square Foot: $211
• Market: Rogers Park, Chicago

The sale of this property was brokered by Bill Baumann from Monarch Realty Partners, who represented the seller in the deal.