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Out Of State Investor Acquires Multifamily Property In Auburn Gresham, Chicago For $1.65M

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SOLD
$1,650,000

Illinois

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MultiFamily12,632 SF
Sold 03/30/2021
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Property Image
SOLD

Out Of State Investor Acquires Multifamily Property In Auburn Gresham, Chicago For $1.65M

7752 South Racine Avenue, Chicago, IL 60620

See Similar Deals
MultiFamily12,632 SF
Sold 03/30/2021
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$130
Total Square Footage:12,632 SF
Transaction Type:Sale

The Multifamily property located at 7752 S. Racine in Auburn Gresham, Chicago was recently sold in a transaction on 03/30/2021. The property consisted of 41 units, and the sale price was recorded at $1,650,000, resulting in a per-unit price of $40,244. The buyer in this transaction was an Out of State Investor, while the seller was IBF Group. The deal was facilitated by brokers Aaron Sklar and Noah Birk from an undisclosed agency.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,650,000
  • Number of Units: 41
  • Price Per Unit: $40,244

This transaction showcases the successful collaboration between the buyer, an Out of State Investor, and the seller, IBF Group. The brokers, Aaron Sklar and Noah Birk, played a pivotal role in facilitating the deal, ensuring a smooth transaction for all parties involved.

Players

Aaron Sklar
66 deals$111.1M volume(312) 805-0902
BROKER

Noah Birk
Kiser Group
63 deals$101.2M volume
BROKER

BUYER

Details

SOLD
IMAGE: Aaron Sklar & Noah Birk DATE: 03/30/2021 ADDRESS: 7752 S. Racine MARKET: Auburn Gresham, Chicago ASSET TYPE: Multifamily BUYER: Out of State Investor SELLER: IBF Group BROKERS: Aaron Sklar & Noah Birk SALE PRICE: $1,650,000 UNITS: 41 ~ PPU: $40,244

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