Bill Silverstein Of Beal Properties Acquires Multifamily Asset From Jack Duncan For $20.4M

1515 North Fremont Street is a multifamily property located in the Lincoln Park neighborhood of Chicago, IL. The asset comprises 98 units along with approximately 4,000 square feet of commercial space, reflecting a sale price of $20,400,000. The per unit price (PPU) stands at $208,163.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $20,400,000
• Address: 1515 North Fremont Street, Chicago, IL
• Units: 98
• Price Per Unit: $208,163
• Buyer: Bill Silverstein - Beal Properties
• Seller: Jack Duncan - Thesis Investment Group
• Broker: Kyle Stengle - Marcus & Millichap

Kyle Stengle, representing seller Jack Duncan from Thesis Investment Group, facilitated the transaction and also procured the buyer, Bill Silverstein of Beal Properties. This transaction was arranged by Marcus & Millichap.