Apartment Investment Advisers Acquires Multifamily Property On Chicago's N. Sheridan Road For $4.35M

A multifamily property located at 7621 N. Sheridan Road in Chicago has been sold for a total price of $4,350,000. The transaction took place on 01/12/2021 and was facilitated by Bill Cassin from Apartment Investment Advisers (AIA). This property consists of 30 units, with a price per unit (PPU) of $145,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,350,000
• Address: 7621 N. Sheridan Road
• Market: Chicago
• Broker: Bill Cassin - Apartment Investment Advisers (AIA)
• Units: 30
• PPU: $145,000

Bill Cassin from Apartment Investment Advisers (AIA) represented the parties involved in this transaction. This sale presents a significant investment opportunity in the Chicago market, providing a sizable multifamily property with a total of 30 units.