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Berkshire Hathaway HomeServices Acquires Niles Multifamily For $1.5M

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SOLD
$1,500,000

Illinois

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MultiFamily12,000 SF
Sold 05/25/2022
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Property Image
SOLD

Berkshire Hathaway HomeServices Acquires Niles Multifamily For $1.5M

8637 North Milwaukee Avenue, Niles, Illinois 60714, United States

See Similar Deals
MultiFamily12,000 SF
Sold 05/25/2022
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$125
Total Square Footage:12,000 SF
Transaction Type:Sale

Located at 8637 & 8513 N Milwaukee Avenue in Niles, this multifamily property was recently sold for $1,500,000. The transaction took place on 05/25/2022. The property consists of two buildings with a total of 12 units, offering a price per unit of $125,000. The total square footage of the property is 12,000, resulting in a price per square foot of $125. This sale set a new record for the highest sale prices in the area.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,500,000
  • Units: 12
  • Price per Unit: $125,000
  • Square Footage: 12,000
  • Price per Square Foot: $125
  • Market: Niles

This successful sale was facilitated by broker Ioannis Ress, representing Berkshire Hathaway HomeServices Chicago. Multiple offers were received for this property, highlighting its desirability in the market.

For more information about this property or other real estate opportunities, contact Ioannis Ress at 773.818.5536 or email [email protected]. Visit the website BHHSChicago.com/Ioannis-Ress for additional listings and resources.

Players

Ioannis Ress
3 deals$10.6M volume
BROKER

Details

SOLD
IMAGE: Ioannis Ress DATE: 05/25/2022 ADDRESS: 8637 & 8513 N Milwaukee Avenue MARKET: Niles ASSET TYPE: Multifamily BROKER: Ioannis Ress (@TheRessGroupwithBHHSChicago) - Berkshire Hathaway HomeServices Chicago SALE PRICE: $1,500,000 UNITS: 12 ~ PPU: $125,000 SF: 12,000 ~ PPSF: $125 NOTE FROM BROKER: 12 units over 2 buildings. Multiple offers received. These set the record for the highest sale prices in the area. Ioannis Ress Broker Berkshire Hathaway Home Services Chicago Cell: 773.818.5536 Email: [email protected] Web: BHHSChicago.com/Ioannis-Ress

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