Robert Jacobson Of Lakeshore Property Investments Purchases Multifamily Asset In Chicago For $5.86M

The property involved in this transaction is a multifamily asset located at 7800-7822 South Laflin Street in the Chicago market. The sale price was $5,860,000 for 100 units, resulting in a price per unit of $58,600. The total square footage of the property is 63,402, providing a price per square foot of $92.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,860,000
• Buyer: Robert Jacobson - Lakeshore Property Investments
• Seller: Alex Drosos
• Broker: Aaron Sklar - Kiser Group
• Units: 100
• Square Footage: 63,402
• Price Per Unit: $58,600
• Price Per Square Foot: $92

This transaction features representation by Aaron Sklar from Kiser Group for the broker side of the deal. The buyer, Robert Jacobson, is affiliated with Lakeshore Property Investments, indicating a focused investment strategy in multifamily properties within the Chicago area.