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

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.