Interra Realty Facilitates $1.29M Sale Of Multifamily Property In West Town, Chicago
2121 West Superior Street
MultiFamily
4,325 SF
4,325 SF
Sold 1 year ago
Summary
Located at 2121 W. Superior St. in West Town, Chicago, this multifamily property was recently sold for a total price of $1,290,000. The sale, facilitated by the brokerage firm Interra Realty, consisted of six units, with a price per unit (PPU) of $215,000. The property boasts a capitalization rate (CAP) of 6.2% and a gross rent multiplier (GRM) of 10.9x.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,290,000
- Units: 6
- PPU: $215,000
- CAP: 6.2%
- GRM: 10.9x
Harrison Pinkus, representing Interra Realty, played a key role in the successful transaction. The sale of this multifamily property in West Town, Chicago signifies a notable investment opportunity in this thriving market.
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2121 West Superior Street
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