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Essex Realty Group Facilitates Sale Of Woodlawn Multifamily Property For $625K

6757 South Evans Avenue
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This MultiFamily property located in IL was sold for $625,000 over 2 years ago. The brokers of the deal were Jacob Goldstein, Brian Mond, and Steven (Steve) Livaditis

Chicago based multifamily brokerage firm Essex Realty Group, Inc. recently brokered the sale of a 7-unit multifamily property located at 6757 S. Evans Avenue in Woodlawn, Chicago. The property was sold for a price of $625,000, equating to $89,285 per unit. This transaction marks the fourth South Side deal closed by the Essex team in the last 30 days.

Summary of transaction details:

  • Property Type: Multifamily
  • Sale Price: $625,000
  • Address: 6757 S. Evans Avenue
  • Market: Woodlawn, Chicago

The seller was represented by Brian Mond, Steve Livaditis, and Jacob Goldstein of Essex Realty. Meanwhile, the buyer, a local investor, was represented by Steve Livaditis and Jacob Goldstein. Brian Mond, who leads Essex' South Side brokerage team, exclusively marketed the property for sale.

"We are witnessing a change in South Shore which is drawing attention from investors, both local and out-of-state alike. Where else in the country can you buy an investment opportunity at an 8% cap rate in a neighborhood located along the lake in one of the biggest metropolitan cities?" said Brian Mond, Director at Essex Realty.

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Deals
  • Location
    6757 South Evans Avenue, South Side, Chicago, IL, USA6757 South Evans Avenue, South Side, Chicago, IL, USA
  • Sale Price
    $625,000$625,000
    $102 PPSF$102 PPSF
  • Area
    6,100 SF6,100 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Jacob Goldstein

Jacob Goldstein

Deals14
Sold$35.4M

Agency

Essex Realty Group

Essex Realty Group

Agency
Deals380
Volume$1.6B

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Deal Summary

SALE IMAGE: Brian Mond, Steve Livaditis & Jacob Goldstein DATE: 09/21/2021 ADDRESS: 6757 S. Evans Avenue MARKET: Woodlawn, Chicago ASSET TYPE: Multifamily BROKERS: Brian Mond (@Brian_Mond), Steve Livaditis & Jacob Goldstein - Essex Realty (@ChicagoMultifamily_EssexRealty) SALE PRICE: $625,000 UNITS: 7 ~ PPU: $89,286 NOTE: Fourth South Side Transaction Closed In The Last 30 Days Chicago based multifamily brokerage firm Essex Realty Group, Inc. recently brokered the sale of 6757 S. Evans Avenue. This marks the fourth South Side transaction closed by the Essex team over the last 30 days. Essex Director Brian Mond was retained to exclusively market 6757 S. Evans Avenue, a 7-unit multifamily property, for sale on behalf of a local investor. Essex principal Steve Livaditis and director Jacob Goldstein represented the buyer, a local investor, who purchased the property for approximately $625,000, which equates to $89,285 per unit. Mond leads Essex’ South Side brokerage team. "We are witnessing a change in South Shore which is drawing attention from investors, both local and out-of-state alike. Where else in the country can you buy an investment opportunity at an 8% cap rate in a neighborhood located along the lake in one of the biggest metropolitan cities?" said Mond.

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6757 South Evans Avenue

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