SOLD
Highland Real Estate Partners Acquires Lakeview Multifamily For $6.25M
855 West Grace Street
MultiFamily
20 SF
20 SF
Sold 1 year ago
Summary
Sale
ILLINOIS
MultiFamily
20 sqft
The multifamily property located at 855 West Grace Street & 922 West George Street in Lakeview has been sold. The property consists of 24 units with a total square footage of 20,150. The sale price for the property was $6,250,000, resulting in a price per unit of $260,417 and a price per square foot of $310.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,250,000
- Units: 24
- Price per Unit: $260,417
- Square Footage: 20,150
- Price per Square Foot: $310
- Market: Lakeview
The buyer for this transaction was Highland Real Estate Partners, while the seller was Golub & Company. The buyer was represented by Ben Conte and Stephen "Steve" Rachman from Marcus & Millichap, while the seller was represented by Kyle Stengle, also from Marcus & Millichap.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Kyle Stengle, Ben Conte & Stephen "Steve" Rachman
DATE: 12/07/2022
ADDRESS: 855 West Grace Street & 922 West George Street
MARKET: Lakeview
ASSET TYPE: Multifamily
BUYER: Highland Real Estate Partners
SELLER: Golub & Company (@GolubandCompany)
BUYER'S REP: Ben Conte & Stephen "Steve" Rachman - Marcus & Millichap (@MarcusMillichap_Chicago)
SELLER'S REP: Kyle Stengle (@KSteng2) - Marcus & Millichap
SALE PRICE: $6,250,000
UNITS: 24 ~ PPU: $260,417
SF: 20,150 ~ PPSF: $310View on map
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Address855 West Grace Street
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