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Arturo Vargas Purchases Multifamily Asset From Matt Szontagh In Chicago For $1.32M

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SOLD
$1,320,000

Illinois

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MultiFamily7,500 SF
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Arturo Vargas Purchases Multifamily Asset From Matt Szontagh In Chicago For $1.32M

8210 South Langley Avenue

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MultiFamily7,500 SF
Sold
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$176
Total Square Footage:7,500 SF
Transaction Type:Sale

This multifamily asset located at 8210 South Langley Avenue in Chicago features 12 units, encompassing a total of 7,500 square feet. The sale price was $1,320,000, resulting in a price per unit of $110,000 and a price per square foot of $176.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,320,000
  • Buyer: Arturo Vargas
  • Seller: Matt Szontagh
  • Broker: Brian Mond - 33 Realty
  • Units: 12
  • Square Footage: 7,500
  • Price Per Unit: $110,000
  • Price Per Square Foot: $176

Brian Mond represented the seller, Matt Szontagh, in this transaction. The building has undergone a gut renovation in 2022, featuring modern upgrades and a strong rent roll, making it a desirable investment in the West Chatham area.

Players

Brian Mond
33 Realty
Brian Mond
23 deals$46.4M volume(312) 662-9590
BROKER
33 Realty
33 Realty
BROKERAGE

Details

SOLD
IMAGE: Brian Mond DATE: 10/10/2025 ADDRESS: 8210 South Langley Avenue MARKET: Chicago ASSET TYPE: Multifamily BUYER: Arturo Vargas SELLER: Matt Szontagh BROKER: Brian Mond (@Brian_Mond) - 33 Realty (@33Realty_Chicago) SALE PRICE: $1,320,000 UNITS: 12 ~ PPU: $110,000 SF: 7,500 ~ PPSF: $176 NOTE FROM BROKER: Closed ✔️ in West Chatham, Chicago — and this one truly stood out. This multifamily asset underwent a true gut renovation in 2022, with craftsmanship and finishes that are uncommon for the area: quartz countertops, stainless appliances, new mechanicals, upgraded plumbing and electrical, luxury bathrooms, and thoughtful layouts designed for today’s renters. The result? An exceptionally well-kept, turnkey building with a strong, reliable rent roll and virtually no near-term capital needs — a rare combination in this submarket. Grateful for the feature @traded and proud to be part of bringing high-quality housing to Chicago’s South Side. On to the next.

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