Baird & Warner Acquires Multifamily Property In Chicago For $1.025M

An undisclosed multifamily property located at 722 N Elizabeth St in Chicago was recently sold for a price of $1,025,000. The property consists of three units, with each unit having an approximate price per unit (PPU) of $341,667. The total lot size is 2,178 square feet, resulting in a price per square foot (PPLSF) of $471.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,025,000
• Units: 3
• PPU: $341,667
• Lot Size: 2,178 SF
• PPLSF: $471

Kira Moscowitz from Baird & Warner represented the buyer in this transaction, while Michael Kearney from Berkshire Hathaway HomeServices Chicago acted as the seller's representative. Both individuals played pivotal roles in the successful sale of the property.