SOLD
Scott Steele Acquires Multifamily Property In Elgin, IL For $1.175M
224 Jefferson Street
MultiFamily
10,500 SF
10,500 SF
Sold 1 year ago
Summary
Sale
ILLINOIS
MultiFamily
10,500 sqft
The multifamily property located at 224 Jefferson St in Elgin, IL has been sold. The transaction took place on December 31, 2021. The property consists of 15 units with a total square footage of 10,500. The sale price for the property was $1,175,000, resulting in a price per unit of $78,333 and a price per square foot of $112. The property was listed with an asking price of $1,237,500.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,175,000
- Units: 15
- Price Per Unit: $78,333
- Square Footage: 10,500
- Price Per Square Foot: $112
The buyer of the property is Scott Steele, while Matthew Robinson is the seller. The buyer was represented by Michael Scanlon and Jake Fugman from The Axon Group, and the seller was represented by Adam Fortino from Marcus & Millichap.
Players
All
5
Agents
3
Agencies
2
Details
SOLD
IMAGE: Michael Scanlon & Jake Fugman
DATE: 12/31/2021
ADDRESS: 224 Jefferson St
MARKET: Elgin, Il
ASSET TYPE: Multifamily
BUYER: Scott Steele
SELLER: Matthew Robinson
BUYER'S REP: Michael Scanlon (@MichaelScanlonRealtor) & Jake Fugman (@JFugman) - The Axon Group
SELLER'S REP: Adam Fortino - Marcus & Millichap
ASKING PRICE: $1,237,500
SALE PRICE: $1,175,000
UNITS: 15 ~ PPU: $78,333
SF: 10,500 ~ PPSF: $112View on map
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Address224 Jefferson Street
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