Robert Jacobson Acquires Multifamily Property In Chicago For $610,000

The multifamily property located at 8701 South Clyde Avenue in Chicago was sold in a transaction on May 1, 2024. The property consists of 9 units with a total square footage of 6,000. The sale price for this asset was $610,000, translating to a price per unit of $67,778 and a price per square foot of $102.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $610,000
• Buyer: Robert Jacobson - Lakeshore Property Investments LLC
• Seller: Matt Janko - FTS Ventures
• Broker: Max Grossman - Interra Realty

The buyer of the property, Robert Jacobson, represented Lakeshore Property Investments LLC in the transaction. The seller, Matt Janko, was the representative of FTS Ventures, and the deal was facilitated by the broker, Max Grossman, from Interra Realty.