Iron Bridge Lending Sells Chicago Multifamily For $5.46M With Brokers Ted Stratman & Jeremy Morton
7646 South Essex Avenue & 7800 South Phillips Avenue
MultiFamily
Summary
A multifamily property located at 7646 S. Essex Avenue and 7800 S. Phillips Avenue in Chicago has been sold for a total price of $5,460,000. The property consists of 63 units with an average price per unit of $86,667. The transaction took place on January 18, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,460,000
- Units: 63
- Price per Unit: $86,667
The seller of the property was Iron Bridge Lending. The deal was facilitated by brokers Ted Stratman and Jeremy Morton from Interra Realty.
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7646 South Essex Avenue & 7800 South Phillips Avenue
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