Robert Jacobson Of Lakeshore Property Investments Acquires Multifamily Asset In Chicago For $795,000

The property asset involved in the transaction is a multifamily building located at 7957 South Ellis Avenue, Chicago. It was sold for a total of $795,000, encompassing 12,600 square feet with 15 units. The price per unit is $53,000, and the price per square foot amounts to $63.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $795,000
• Units: 15
• Square Footage: 12,600
• Price Per Unit: $53,000
• Price Per Square Foot: $63
• Buyer: Robert Jacobson - Lakeshore Property Investments
• Seller: Grove Partners enterprises
• Broker: Robert Berman - Essex Realty Group

Key individuals in this transaction include Robert Jacobson, representing Lakeshore Property Investments as the buyer, and Robert Berman from Essex Realty Group, who served as the broker for the deal. The seller of the property is Grove Partners enterprises, contributing to the completion of this real estate transaction.