IBF Group Sells 6-Unit Multifamily In Chicago For $1.2M With Brokers Aaron Sklar & Noah Birk

The multifamily property located at 724 E. 50th Pl in Chicago was recently sold for a total price of $1,225,000. This sale sets a record for the highest price per unit in the neighborhood in over 15 years. The property consists of 6 units, resulting in a per unit price of $204,167. The seller of the property was IBF Group, and the transaction was facilitated by brokers Aaron Sklar and Noah Birk.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,225,000
• Address: 724 E. 50th Pl, Chicago
• Market: Chicago
• Units: 6
• Price Per Unit: $204,167

This sale not only represents a significant transaction in terms of price but also highlights the expertise and negotiation skills of Aaron Sklar and Noah Birk, who served as the brokers in the deal. Their involvement contributed to achieving the highest price per unit in the neighborhood in over 15 years.