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
MultiFamily
4,351 SF
4,351 SF
+ 2
Summary
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.
Read LessPlayers
All
5
Agents
4
Agencies
1
Details
View on map
Loading...
4351-59 South Martin Luther King Drive
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want