Robert Jacobson Of Lakeshore Property Investments Acquires Multifamily Property In Chicago For $1.15M

The multifamily property located at 7954 South Maryland Avenue in Chicago was recently sold for $1,150,000. The property comprises 17 units spread across 10,000 square feet, resulting in a price per unit of $67,647 and a price per square foot of $115.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,150,000
• Buyer: Robert Jacobson - Lakeshore Property Investments
• Seller: Michael Sheehy - Maryland Holdings
• Broker: Max Grossman - Interra Realty

Robert Jacobson of Lakeshore Property Investments acted as the buyer in this transaction, acquiring the multifamily property from Michael Sheehy of Maryland Holdings. Facilitating the deal was Max Grossman from Interra Realty, who represented the parties involved in the sale.