Adela Rus Of Homesmart Connect Represents Buyer In $1.5M Niles Multifamily Transaction

The transaction involved the sale of three 3-flat apartment buildings located at 7124 West Jarvis Avenue in Niles, which were fully rented. The properties are brick-constructed and encompass 0.62 acres, providing stable cash flow and on-site amenities. The sale was finalized at a price of $1,500,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,500,000
• Address: 7124 West Jarvis Avenue
• Market: Niles
• Acres: 0.62
• Buyer's Representative: Adela Rus - Homesmart Connect
• Seller's Representative: Daniel Richardson - Berkshire Hathaway HomeServices Starck Real Estate

Adela Rus represented the buyer in this transaction, while Daniel Richardson represented the seller. The properties are situated in a high-demand area within the Niles West school district, enhancing their investment potential.