Jim Darrow And Jordan Gottlieb Of Essex Realty Group Represent Seller In $10.85M Chicago Multifamily Sale

The property asset involved in the transaction is a multifamily building located at 832 West Erie Street in the Chicago market. The sale was completed for a total price of $10,850,000, encompassing 20 units and offering a total square footage of 35,900. The price per unit was $542,500, and the price per square foot was $302.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,850,000
• Units: 20
• Square Footage: 35,900
• Price Per Unit: $542,500
• Price Per Square Foot: $302
• Buyer's Representative: Kate Varde - Essex Realty Group
• Seller's Representatives: Jim Darrow & Jordan Gottlieb - Essex Realty Group

This transaction involved key individuals from Essex Realty Group, with Kate Varde representing the buyer, while Jim Darrow and Jordan Gottlieb served as representatives for the seller. Their involvement highlights the professional brokerage services engaged in this multifamily property sale.