SOLD
RE/MAX Next Acquires Multifamily Property In Chicago For $1.2M
2338 North Greenview Avenue
MultiFamily
5,550 SF
5,550 SF
Summary
Sale
ILLINOIS
MultiFamily
5,550 sqft
The property involved in this transaction is a multifamily asset located at 2338 N. Greenview Avenue in Chicago. The sale took place on December 23, 2020, with a purchase price of $1,201,887. With a total of 3 units, the price per unit of this property is approximately $400,629. The property is situated in a market with a cap rate of 4.87%.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,201,887
- Units: 3
- Price per Unit: $400,629
- Cap Rate: 4.87%
Representing the buyer in this transaction is Michael Gerhardt from RE/MAX Next. Nathan Gautsche from Chicago Real Estate Resources served as the seller's representative. These individuals played crucial roles in facilitating the deal between both parties.
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4
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Agencies
2
Details
SOLD
IMAGE: Nathan Gautsche & Michael Gerhardt
DATE: 12/23/2020
ADDRESS: 2338 N. Greenview Avenue
MARKET: Chicago
ASSET TYPE: Multifamily
BUYER'S REP: Michael Gerhardt - RE/MAX Next
SELLER'S REP: Nathan Gautsche - Chicago Real Estate Resources
PRICE: $1,201,887
UNITS: 3 ~ PPU: $400,629
CAP RATE: 4.87%View on map
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Address2338 North Greenview Avenue
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