Novo Realty Group Sells Multifamily Property In Chatham, Chicago For $2.5M | 8201 South Michigan | Noah Birk, Aaron Sklar | MultiFamily | Sale

Summary

Sale

ILLINOIS

MultiFamily

23,958 sqft

An multifamily property located at 8201 S. Michigan in Chatham, Chicago has been sold in a closed transaction. The property consists of 43 units, with an average price per unit of $58,140. The sale was handled by Novo Realty Group, with Aaron Sklar & Noah Birk serving as the brokers.

Summary of transation details

Property Type: Multifamily
Transaction Amount: $2,500,000
Address: 8201 S. Michigan, Chatham, Chicago
Market: Chatham, Chicago

The sale price for the property was $2,500,000. Aaron Sklar & Noah Birk, representing Novo Realty Group, assisted with the transaction. The property offers a strong investment opportunity in the Chatham market.

Players

All
3

Agents
2
Agencies
1

$94.2M Sold

$96.4M Sold

Details

Deal Summary

SOLD

IMAGE: Aaron Sklar & Noah Birk DATE: 07/01/2021 ADDRESS: 8201 S. Michigan MARKET: Chatham, Chicago ASSET TYPE: Multifamily SELLER: Novo Realty Group BROKERS: Aaron Sklar & Noah Birk ASKING RENT: $2,500,000 SALE PRICE: $2,500,000 UNITS: 43 ~ PPU: $58,140

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Address8201 South Michigan

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