facebook
Traded Co logo
Submit a Deal

Lucas Fryman, David Goss, Jon Morgan, And Sam Gutierrez Broker A $1.9M Sale Of A Multifamily Asset In Bronzeville, Chicago

4351-59 South Martin Luther King Drive
PointingArrow
ShareContact

This MultiFamily property located in IL was sold for $1,925,000 almost 4 years ago. The brokers of the deal were Samuel (Sam) Gutierrez, Jon Morgan, David Goss, and Lucas Fryman

A multifamily property located at 4351-59 S. Martin Luther King Drive in Bronzeville, Chicago has been sold for $1,925,000. The property consists of 18 units, resulting in a price per unit of $107,000. The transaction took place on May 14, 2021, and the property boasts a cap rate of 6.9% and a gross rent multiplier (GRM) of 7.07.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,925,000
  • Units: 18
  • Price Per Unit: $107,000
  • Cap Rate: 6.9%
  • GRM: 7.07

The sale of this multifamily property was facilitated by the brokers Lucas Fryman, David Goss, Jon Morgan, and Sam Gutierrez. These individuals represented the buyer and seller in the transaction, ensuring a successful deal for both parties involved.

View Related

Deals
  • Location
    4351 South King Drive, Chicago, IL 606154351 South King Drive, Chicago, IL 60615
  • Sale Price
    $1,925,000$1,925,000
    $442 PPSF$442 PPSF
  • Area
    4,351 SF4,351 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Samuel (Sam) Gutierrez

Samuel (Sam) Gutierrez

Deals11
Sold$64.6M

Jon Morgan

Jon Morgan

Deals9
Sold$138.6M

David Goss

David Goss

Deals8
Sold$133.4M

Lucas Fryman

Lucas Fryman

Deals28
Sold$205.8M

Agency

Interra Realty

Interra Realty

Agency
Deals301
Volume$2B

Social

Deal Summary

SALE IMAGE: Lucas Fryman, Jon Morgan, Sam Gutierrez & David Goss DATE: 05/14/2021 ADDRESS: 4351-59 S. Martin Luther King Drive MARKET: Bronzeville, Chicago ASSET TYPE: Multifamily BROKERS: Lucas Fryman (@LFryDaddy), David Goss (@DavidGoss7259), Jon Morgan (@Morgan15msu), Sam Gutierrez (@SamGutierrez1) SALE PRICE: $1,925,000 UNITS: 18 ~ PPU: $107,000 CAP RATE: 6.9% GRM: 7.07

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

4351-59 South Martin Luther King Drive

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits