Rick Ofman & Matt Feo Of Essex Realty Group Represent Buyer In $4.125M Chicago Multifamily Sale

The property involved in the transaction is a multifamily asset located at 6967 North Bell Avenue in the Chicago market. It encompasses 29,700 square feet, comprising 28 units with a price per unit of $147,321 and a price per square foot of $138. The total sale price of the property is $4,125,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,125,000
• Units: 28
• Square Footage: 29,700
• Price per Unit: $147,321
• Price per Square Foot: $138

The transaction was represented by Rick Ofman and Matt Feo from Essex Realty Group on the buyer's side, while the seller's side was represented by Kate Varde and Doug Imber, also of Essex Realty Group.