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

Property Image
SOLD
$1,225,000
Noah Birk
Aaron Sklar

Illinois

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MultiFamily10,892 SF
Sold 07/30/2021
the dealplayerscompscontact
Property Image
SOLD

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

724 E 50th Pl, Chicago, IL, USA

See Similar Deals
MultiFamily10,892 SF
Sold 07/30/2021
Noah Birk
Aaron Sklar
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$112
Total Square Footage:10,892 SF
Transaction Type:Sale

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.

Players

Aaron Sklar
Kiser Group
Aaron Sklar
66 deals$111.1M volume(312) 805-0902
BROKER
Noah Birk
Kiser Group
Noah Birk
63 deals$101.2M volume
BROKER
IG
IBF Group
SELLER

Details

SOLD
IMAGE: Aaron Sklar & Noah Birk DATE: 07/30/2021 ADDRESS: 724 E. 50th Pl MARKET: Chicago ASSET TYPE: Multifamily SELLER: IBF Group BROKERS: Aaron Sklar & Noah Birk SALE PRICE: $1,225,000 UNITS: 6 ~ PPU: $204,167 NOTE: This sales marks the highest price/unit the neighborhood has seen in the past 15+ years.

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