Lakeshore Property Investments Acquires Multifamily Asset In Chicago From Goldman Investments For $1.625M

The property asset involved in this transaction is a multifamily building located at 7425 South Yates Boulevard in the Chicago market. This asset has a sale price of $1,625,000 and comprises approximately 20,000 square feet, resulting in a price per square foot of $81.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,625,000
• Sale Price: $1,625,000
• Square Feet: 20,000
• Price per Square Foot: $81
• Buyer: Lakeshore Property Investments
• Seller: Goldman Investments
• Broker: Jack Stanton - Marcus & Millichap
• Transaction Date: 12/27/2024
• Address: 7425 South Yates Boulevard, Chicago

The deal involved Lakeshore Property Investments as the buyer and Goldman Investments as the seller. Jack Stanton from Marcus & Millichap represented the broker in this transaction, facilitating the process for both parties involved.