SOLD
Drexel Properties Acquires Mixed-Use Property In Chicago For $9.5M
621-25 North Lincoln Avenue & 2243-51 West Eastwood Avenue
Mixed-use
23,796 SF
23,796 SF
Sold 1 year ago
Summary
Sale
ILLINOIS
Mixed-use
23,796 sqft
A mixed-use property located at 4621-25 N. Lincoln Avenue & 2243-51 W. Eastwood Avenue in Chicago has been sold for a total price of $9,500,000. The property consists of 45 units, with an average price per unit of $211,111.
Summary of Transaction Details
- Property Type: Mixed-use
- Transaction Amount: $9,500,000
- Address: 4621-25 N. Lincoln Avenue & 2243-51 W. Eastwood Avenue, Chicago
- Units: 45
- Price per Unit: $211,111
Drexel Properties, represented by Jeff Weinberg, acquired the property from Pioneer Acquisitions LLC. The transaction was brokered by Joe Smazal from Interra Realty.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Joe Smazal
DATE: 02/05/2021
ADDRESS: 4621-25 N. Lincoln Avenue & 2243-51 W. Eastwood Avenue
MARKET: Chicago
ASSET TYPE: Mixed-use
BUYER: Drexel Properties - Jeff Weinberg
SELLER: Pioneer Acquisitions LLC
BROKERS: Joe Smazal - Interra Realty
PRICE: $9,500,000
UNITS: 45 ~ PPU: $211,111View on map
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Address621-25 North Lincoln Avenue & 2243-51 West Eastwood Avenue
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