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

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SOLD
$1,150,000

Illinois

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MultiFamily10,000 SF
Sold 05/01/2024
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SOLD

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

7954 South Maryland Avenue

See Similar Deals
MultiFamily10,000 SF
Sold 05/01/2024
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$115
Total Square Footage:10,000 SF
Transaction Type:Sale

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.

Players

Max Grossman
13 deals$25.4M volume
BROKER

Details

SOLD
IMAGE: Max Grossman & Robert Jacobson DATE: 05/01/2024 ADDRESS: 7954 South Maryland Avenue MARKET: Chicago ASSET TYPE: Multifamily BUYER: Robert Jacobson (@Bobajacobson) - Lakeshore Property Investments SELLER: Michael Sheehy - Maryland Holdings BROKER: Max Grossman - Interra Realty (@InterraRealty) SALE PRICE: $1,150,000 UNITS: 17 ~ PPU: $67,647 SF: 10,000 ~ PPSF: $115

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