SOLD
Interra Realty Sells Chicago South Side Multifamily Portfolio For $7.5M
6901 South Paxton Avenue
MultiFamily
Sold 302 days ago
Summary
Sale
ILLINOIS
MultiFamily
A two-building multifamily portfolio in Chicago's South Side has been sold for $7.5 million by Interra Realty. The portfolio consists of 79 units and was 94% occupied at the time of the sale. The property, located at 6901 South Paxton Avenue, offers a total price per unit of $94,937.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $7,500,000
- Units: 79
- Price per Unit (PPU): $94,937
- Seller: Mendy Raskin & Jon Kranzler
- Brokers: Brad Feldman & Lucas Fryman - Interra Realty
Brad Feldman and Lucas Fryman of Interra Realty represented the seller, Mendy Raskin and Jon Kranzler, in this transaction.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Brad Feldman & Lucas Fryman
DATE: 07/06/2023
ADDRESS: 6901 South Paxton Avenue
MARKET: Chicago
ASSET TYPE: Multifamily
SELLER: Mendy Raskin & Jon Kranzler
BROKERS: Brad Feldman & Lucas Fryman - Interra Realty (@InterraRealty)
SALE PRICE: $7,500,000
UNITS: 79 ~ PPU: $94,937
NOTE: Interra Realty sold a two-building multifamily portfolio in Chicago's South Side for $7.5 million. The portfolio consists of 79 units and was 94% occupied at the time of the sale.View on map
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Address6901 South Paxton Avenue
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