Reed Meyer Purchases Multifamily Asset From Semco Realty For $1,430,000 In Chicago

The property asset involved in the transaction is a multifamily building located at 4703 North Winchester Avenue in the Chicago market. This asset was sold for a price of $1,430,000, encompassing a total square footage of 3,699. The price per unit was recorded at $178,750.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,430,000
• Address: 4703 North Winchester Avenue
• Market: Chicago
• Square Footage: 3,699
• Price Per Unit: $178,750
• Buyer: Reed Meyer
• Seller: Semco Realty
• Broker Representatives: Micah Weis & John Preston - Horvath & Tremblay

The deal features Reed Meyer as the buyer, ensuring the continuation of the multifamily asset's operation within the local market. Semco Realty is listed as the seller, signifying their involvement in this closed transaction. The brokerage team representing the transaction consists of Micah Weis and John Preston from Horvath & Tremblay, facilitating the deal's progression.