Strahl Group Acquires Multifamily Property In Chicago For $5.7M

The multifamily property located at 6800 South Dorchester Avenue in Chicago has been sold in a transaction facilitated by Aaron Sklar and Noah Birk of Kiser Group. The sale was between the buyer, Strahl Group, and the seller, Novo Real Estate. The property spans a total area of 62,100 square feet and was sold for a price of $5,725,000, resulting in a price per square foot of $92.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,725,000
• Address: 6800 South Dorchester Avenue
• Market: Chicago

The transaction was brokered by Aaron Sklar and Noah Birk of Kiser Group, who represented the buyer and seller respectively. They played a crucial role in facilitating the deal. The Strahl Group, as the buyer, made a significant investment in this multifamily property, with a square footage of 62,100 and a sale price of $5,725,000. On the other hand, Novo Real Estate acted as the seller, ultimately closing the deal.