Mavrek Development Sells Multifamily Assets In Chicago For $16.9M

The multifamily property located at 4714 N. Sheridan Rd & 843 W. Agatite Ave in Chicago has been sold for a total price of $16,900,000. The property consists of 50 units, resulting in a price per unit of $338,000. This sale was facilitated by the brokers Jon Morgan, David Goss, Joe Smazal, and Colin O’Malley from Interra Realty on behalf of the seller, Mavrek Development.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $16,900,000
• Address: 4714 N. Sheridan Rd & 843 W. Agatite Ave, Chicago
• Market: Chicago
• Seller: Mavrek Development
• Brokers: Jon Morgan, David Goss, Joe Smazal, and Colin O’Malley - Interra Realty
• Units: 50
• Price per Unit: $338,000

The deal brings together key individuals and companies in the real estate industry. Jon Morgan, David Goss, Joe Smazal, and Colin O’Malley from Interra Realty represented the seller, Mavrek Development. Their expertise helped facilitate the successful transaction of this multifamily property in Chicago.