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8 East 9th Street
SOLD

3L Real Estate Acquires Multifamily In South Loop, Chicago For $82.5M

8 East 9th Street

MultiFamily
225,000 SF
clock iconSold 1 year ago
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Summary

Sale
ILLINOIS
MultiFamily
225,000 sqft

Located in the South Loop neighborhood of Chicago, the multifamily property at 8 E 9th St has been sold in a closed transaction. Acquired by 3L Real Estate, the property was previously owned by Crescent Heights. The deal was facilitated by Brad Feldman from Interra Realty, representing the buyer.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $82,500,000
  • Units: 248
  • Price per Unit: $332,661
  • Size: 225,000 sqft
  • Price per sqft: $367
  • Market: South Loop, Chicago

Brad Feldman from Interra Realty played a pivotal role in ensuring the successful completion of the deal. His expertise and negotiation skills contributed to the smooth transaction between 3L Real Estate and Crescent Heights. The property's prime location in the South Loop neighborhood adds to its appeal.

Players

  • All

    2

  • Agents

    1

  • Agencies

    1

Brad Feldman's profile picture
Brad Feldman
Interra Realty-image
Senior Managing Partner
$195.2M Sold

Details

Deal Summary
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SOLD
IMAGE: Brad Feldman DATE: 03/17/2022 ADDRESS: 8 E 9th St MARKET: South Loop, Chicago ASSET TYPE: Multifamily BUYER: 3L Real Estate SELLER: Crescent Heights BROKER: Brad Feldman (@BSFeldman) - Interra Realty (@InterraRealty) SALE PRICE: $82,500,000 UNITS: 248 ~ PPU: $332,661 SF: 225,000 ~ PPSF: $367

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Address8 East 9th Street

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