Chicago Real Estate Resources (CRER) Facilitates $4M Multifamily Sale In South Side, Chicago

The properties involved in this closed transaction are located in the South Side of Chicago. The addresses include 6820 S Michigan, 6957 S Michigan, 7201 S King, 8439 S Blackstone, and 1649 E 85th Pl. These properties are classified as multifamily assets.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,000,000
• Units: 85
• Price per Unit: $47,059
• Broker: Finley Askin - Chicago Real Estate Resources (CRER)
• Date: 02/16/2022

The broker overseeing this transaction is Finley Askin from Chicago Real Estate Resources (CRER). The sale price for the properties was $4,000,000, with a total of 85 units. The price per unit was approximately $47,059.