Jake Steinle's Compass Represents Buyer & Allen Johnson's Menard Johnson & Associates Represents Seller In $1.57M Chicago Multifamily Sale

A multifamily property located at 1735-37 W Waveland Ave in Chicago has been sold for a total price of $1,570,000. The property consists of 6 units, with each unit having an average price per unit (PPU) of $261,667. The lot size of the property is 3,125 square feet, resulting in a price per square foot (PPLSF) of $502.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,570,000
• Units: 6
• PPU: $261,667
• Lot Size: 3,125 square feet
• PPLSF: $502

The buyer in this transaction was represented by Jake Steinle from Compass, while Allen Johnson from Menard Johnson & Associates acted as the seller's representative.