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Interra Realty Represents Both Parties In $24.5M Multifamily Sale In South Elgin

355 North La Fox Street
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This MultiFamily property located in IL was sold for $24,500,000 over 2 years ago. The brokers of the deal were Paul Waterloo, Patrick (Pat) Kennelly, Jon Morgan, and David Goss

The multifamily property located at 355 N. La Fox Street in South Elgin has been sold for $24,500,000. The property consists of 100 units with an average price per unit of $245,000. It spans a total area of 111,848 square feet, resulting in a price per square foot of $219.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $24,500,000
  • Units: 100
  • Price per Unit: $245,000
  • Square Footage: 111,848
  • Price per Square Foot: $219
  • Address: 355 N. La Fox Street, South Elgin

The sale of this multifamily property was facilitated by Interra Realty, with Jon Morgan and David Goss representing the seller, Synergy Construction Group, LLC. On the buyer's side, Patrick Kennelly and Paul Waterloo acted as the representatives for the transaction. These key individuals and companies played crucial roles in the successful closing of the deal.

View Related

Deals
  • Location
    355 North La Fox Street, South Elgin, IL, USA355 North La Fox Street, South Elgin, IL, USA
  • Sale Price
    $24,500,000$24,500,000
    $219 PPSF$219 PPSF
  • Area
    111,848 SF111,848 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Paul Waterloo

Paul Waterloo

Deals36
Sold$221.1M

Jon Morgan

Jon Morgan

Deals9
Sold$138.6M

David Goss

David Goss

Deals8
Sold$133.4M

Agency

Interra Realty

Interra Realty

Agency
Deals301
Volume$2B

Social

Deal Summary

SALE IMAGE: Jon Morgan, David Goss, Patrick Kennelly & Paul Waterloo DATE: 10/01/2021 ADDRESS: 355 N. La Fox Street MARKET: South Elgin ASSET TYPE: Multifamily SELLER: Synergy Construction Group, LLC BUYER'S REP: Patrick Kennelly (@PJK8877) & Paul Waterloo (@PWaterloo) - Interra Realty SELLER'S REP: Jon Morgan (@morgan15msu) & David Goss (@davidgoss7259) - Interra Realty SALE PRICE: $24,500,000 UNITS: 100 ~ PPU: $245,000 SF: 111,848 ~ PPSF: $219

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