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Independent Investor Acquires Office Building On N. Elston Ave. In Chicago For $3.4M

Property Image
SOLD
$3,437,500

Illinois

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Office22,662 SF
Sold 12/06/2021
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Property Image
SOLD

Independent Investor Acquires Office Building On N. Elston Ave. In Chicago For $3.4M

3319 North Elston Avenue, Chicago, IL 60618, USA

See Similar Deals
Office22,662 SF
Sold 12/06/2021
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:Office
Price Per Square Foot:$151
Total Square Footage:22,662 SF
Transaction Type:Sale

3319 N. Elston Ave. in Chicago has been sold in a closed transaction. The property is an office building with a size of 22,622 square feet, situated on 33,975 square feet of land, which includes 50 parking spaces. The sale was facilitated by Adam Schneiderman of Strauss Realty. The buyer, an independent investor, has plans to fully renovate the building and lease it out.

Summary of Transaction Details

  • Property Type: Office
  • Sale Price: $3,437,500
  • Square Footage: 22,622
  • Price per Square Foot: $152
  • Address: 3319 N. Elston Ave.
  • Market: Chicago

This transaction was managed by Adam Schneiderman from Strauss Realty. The buyer, an independent investor, plans to renovate the office building extensively before finding tenants for the space.

Players

Adam Schneiderman
Adam Schneiderman
6 deals$7.6M volume
BROKER

Details

SOLD
IMAGE: Adam Schneiderman DATE: 12/06/2021 ADDRESS: 3319 N. Elston Ave. MARKET: Chicago ASSET TYPE: Office BROKER: Adam Schneiderman - Strauss Realty SALE PRICE: $3,437,500 SF: 22,662 ~ PPSF: $152 NOTE FROM BROKER: 22,622 SF office building on 33,975 sf of land (includes 50 parking spaces) The buyer, an independent investor, plans to completely rehab the building and lease it out.

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