Megan & Gail Grochowiak Acquire Logan Square Multifamily For $687K

A multifamily property located at 3521 W. Cortland St in Logan Square, Chicago has been sold. The property consists of 4 units and was sold for a price of $687,000. The sale was completed on July 8, 2021, by Matthew Neistat as the seller's representative and Edward Grochowiak as the buyer's representative. The asking price for the property was $700,000, and the sale price achieved was slightly lower. The per unit price for the property amounts to $171,750.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $687,000
• Units: 4
• Address: 3521 W. Cortland St
• Market: Logan Square, Chicago

In this transaction, Megan and Gail Grochowiak acted as the buyers, with Edward Grochowiak representing them as their broker. On the other side, Matthew Neistat served as the seller's representative. It is worth noting that Edward Grochowiak, who is a broker, represented his family members Megan and Gail in the purchase of this investment property.