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Marco Cesario Of Jameson Commercial Represents Buyer In $17.3M Multifamily Sale In Chicago

Property Image
SOLD
$17,300,000

Illinois

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MultiFamily54,000 SF
Sold 05/20/2026
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Property Image
SOLD

Marco Cesario Of Jameson Commercial Represents Buyer In $17.3M Multifamily Sale In Chicago

MultiFamily54,000 SF
Sold 05/20/2026
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$320
Total Square Footage:54,000 SF
Transaction Type:Sale

This is a 50-unit mixed-use property located in Chicago's Near West Side, featuring condo-quality finishes, heated garage parking, and spacious unit layouts. The sale price was $17,300,000, with a price per unit of $346,000. The total square footage is 54,000, leading to a price per square foot of $320.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $17,300,000
  • Units: 50
  • Price per Unit: $346,000
  • Square Footage: 54,000
  • Price per Square Foot: $320
  • Buyer's Representative: Marco Cesario - Jameson Commercial

Marco Cesario of Jameson Commercial represented the buyer in this transaction. The property is strategically located in an area with continued momentum, well-positioned for meaningful long-term growth, which the buyer recognized as an exciting investment opportunity. Note: The image provided is for illustrative purposes only and does not depict the actual building.

Players

Marco Cesario
4 deals$19.8M volume(312) 315-7173
BROKER

Details

SOLD
IMAGE: Marco Cesario DATE: 05/20/2026 MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Marco Cesario (@Mrblue1980) - Jameson Commercial (@Jameson.Commercial) SALE PRICE: $17,300,000 UNITS: 50 ~ PPU: $346,000 SF: 54,000 ~ PPSF: $320 NOTE FROM BUYER'S REP: This is a 50-unit mixed-use property located in Chicago's Near West Side, featuring condo-quality finishes, heated garage parking, and spacious unit layouts. The developers delivered an exceptional product, which the buyer loved. Combined with the continued momentum of the West Loop and Fulton Market, this location is well-positioned for meaningful long-term growth, making it an exciting investment opportunity. Marco Cesario of Jameson Commercial RE represented the buyer. Disclaimer: Per the buyer's request, the image provided is for illustrative purposes only and does not depict the actual building.

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