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Dream Town Realty Acquires Multifamily Property In Chicago's Market For $1.075M

1007 North California Avenue
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This MultiFamily property located in IL was sold for $1,075,000 about 2 years ago. The brokers of the deal were Mitir A. Patel and Mark Icuss

The multifamily property located at 1007 N California Ave in Chicago has been sold for a total price of $1,075,000. The property consists of 5 units, with each unit having a price per unit (PPU) of $215,000. The total lot size of the property is 3,125 square feet, resulting in a price per square foot (PPLSF) of $344.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,075,000
  • Units: 5
  • Price per Unit (PPU): $215,000
  • Lot Size: 3,125 square feet
  • Price per Square Foot (PPLSF): $344
  • Buyer's Representative: Mitir A Patel - Dream Town Realty
  • Seller's Representative: Mark Icuss - Compass

Mitir A Patel from Dream Town Realty represented the buyer in this transaction, while Mark Icuss from Compass represented the seller. The deal was closed on January 5, 2022.

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Deals
  • Location
    1007 North California Avenue, Chicago, IL 606221007 North California Avenue, Chicago, IL 60622
  • Sale Price
    $1,075,000$1,075,000
    $344 PPSF$344 PPSF
  • Area
    3,125 SF3,125 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 2 Agencies2 Brokers, 2 Agencies

Agents

Mitir A. Patel

Mitir A. Patel

Deals3
Sold$3.2M

Mark Icuss

Mark Icuss

Deals5
Sold$14.4M

Agencies

Dream Town Realty

Dream Town Realty

Agency
Deals64
Volume$148.8M

Compass

Compass

Agency
Deals2902
Volume$20.9B

Social

Deal Summary

SALE IMAGE: Mitir A Patel & Mark Icuss DATE: 01/05/2022 ADDRESS: 1007 N California Ave MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Mitir A Patel - Dream Town Realty SELLER'S REP: Mark Icuss - Compass SALE PRICE: $1,075,000 UNITS: 5 ~ PPU: $215,000 LOT SF: 3,125 ~ PPLSF: $344

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1007 North California Avenue

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