Robert Jacobson Acquires Multifamily Property In Chicago For $2M

The multifamily property located at 8049 South Maryland Avenue in Chicago was sold for $2,000,000. It consists of 29 units with a price per unit of $68,966 and spans across 27,000 square feet, resulting in a price per square foot of $74.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,000,000
• Units: 29
• Price Per Unit: $68,966
• Square Footage: 27,000
• Price Per Square Foot: $74
• Address: 8049 South Maryland Avenue, Chicago
• Market: Chicago

The buyer of the property was Robert Jacobson from Lakeshore Property Investments, while the seller was Alex Drosos. The broker representing the transaction was Aaron Sklar from Kiser Group.