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Monarch Realty Partners Brokers $38.85M Sale Of Multifamily Property In Montclare, Chicago

2931 North Harlem Avenue
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This MultiFamily property located in IL was sold for $38,850,000 about 2 years ago. The broker of the deal was Bill Baumann

The multifamily property located at 2931 N. Harlem Avenue in the Montclare neighborhood of Chicago has been sold for a price of $38,850,000. This transaction took place on January 21, 2022. The property consists of 165 units, with an average price per unit of $235,455. The total square footage of the property is 208,000, resulting in a price per square foot of $187.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $38,850,000
  • Units: 165
  • Price per Unit: $235,455
  • Square Footage: 208,000
  • Price per Square Foot: $187
  • Address: 2931 N. Harlem Avenue, Montclare, Chicago
  • Broker: Bill Baumann - Monarch Realty Partners

Bill Baumann of Monarch Realty Partners represented the parties involved in this sale.

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Deals
  • Location
    2931 N Harlem Ave, Chicago, Illinois 60707, United States2931 N Harlem Ave, Chicago, Illinois 60707, United States
  • Sale Price
    $38,850,000$38,850,000
    $186 PPSF$186 PPSF
  • Area
    208,000 SF208,000 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Bill Baumann

Bill Baumann

Deals8
Sold$150M

Agency

Monarch Realty Partners

Monarch Realty Partners

Agency
Deals32
Volume$218.4M

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Deal Summary

SALE IMAGE: Bill Baumann DATE: 01/21/2022 ADDRESS: 2931 N. Harlem Avenue MARKET: Montclare, Chicago ASSET TYPE: Multifamily BROKER: Bill Baumann - Monarch Realty Partners SALE PRICE: $38,850,000 UNITS: 165 ~ PPU: $235,455 SF: 208,000 ~ PPSF: $187

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2931 North Harlem Avenue

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