Matthew Mika & Norbert Mika Acquire Multifamily Property In Chicago For $2.32M

A multifamily property located at 4418 N Wolcott Ave in Chicago has been sold for a price of $2,320,000. The property consists of 10 units, with a per unit price of $232,000. The transaction took place on February 26, 2021, and the property was marketed by Matthew Mika and Norbert Mika from Compass. The sale of this property reflects a capitalization rate of 5.9%.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,320,000
• Address: 4418 N Wolcott Ave, Chicago
• Market: Chicago
• Units: 10
• Price Per Unit: $232,000
• Cap Rate: 5.9%

The sale of this multifamily property was facilitated by Matthew Mika and Norbert Mika from Compass. They played a key role in representing the buyer and seller in this transaction.