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Interra Realty Facilitates $1.29M Sale Of Multifamily Property In West Town, Chicago

2121 West Superior Street
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This MultiFamily property located in IL was sold for $1,290,000 over 2 years ago. The broker of the deal was Harrison Pinkus

Located at 2121 W. Superior St. in West Town, Chicago, this multifamily property was recently sold for a total price of $1,290,000. The sale, facilitated by the brokerage firm Interra Realty, consisted of six units, with a price per unit (PPU) of $215,000. The property boasts a capitalization rate (CAP) of 6.2% and a gross rent multiplier (GRM) of 10.9x.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,290,000
  • Units: 6
  • PPU: $215,000
  • CAP: 6.2%
  • GRM: 10.9x

Harrison Pinkus, representing Interra Realty, played a key role in the successful transaction. The sale of this multifamily property in West Town, Chicago signifies a notable investment opportunity in this thriving market.

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Deals
  • Location
    2121 West Superior Street, Chicago, IL 60612, USA2121 West Superior Street, Chicago, IL 60612, USA
  • Sale Price
    $1,290,000$1,290,000
    $298 PPSF$298 PPSF
  • Area
    4,325 SF4,325 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Harrison Pinkus

Harrison Pinkus

Deals16
Sold$24.5M

Agency

Interra Realty

Interra Realty

Agency
Deals301
Volume$2B

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Deal Summary

SALE IMAGE: Harrison Pinkus DATE: 09/30/2021 ADDRESS: 2121 W. Superior St. MARKET: West Town, Chicago ASSET TYPE: Multifamily BROKER: Harrison Pinkus - Interra Realty SALE PRICE: $1,290,000 UNITS: 6 ~ PPU: $215,000 CAP: 6.2% ~ GRM: 10.9x

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2121 West Superior Street

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