Essex Realty Group Facilitates Sale Of Woodlawn Multifamily Property For $625K
ShareContact
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
View Related
- Location6757 South Evans Avenue, South Side, Chicago, IL, USA
- Sale Price$625,000$102 PPSF
- Area6,100 SF
- Asset TypeMultiFamily
- Parties3 Brokers, 1 Agency
Agents
Agency
Social
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.
Comparables
Contact
6757 South Evans Avenue
Social
Comparables
Contact
Share
Login to Suggest Edits