Jonathan Rose Companies Acquires Multifamily Property In Chicago For $17.5M

A multifamily property located at 1354 S Morgan Street in Chicago has been sold for a total of $17,500,000. The property consists of 272 units, which results in a per-unit price of $64,338.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $17,500,000
• Address: 1354 S Morgan Street, Chicago
• Market: Chicago
• Buyer: Jonathan Rose Companies - Nathan D. Taft
• Seller: Chicago Community Development Corporation
• Total Units: 272
• Price per Unit: $64,338

The buyer of the property is Jonathan Rose Companies, represented by Nathan D. Taft. The seller in this transaction is Chicago Community Development Corporation.