Essex Realty Group Acquires Multifamily Property In Chicago For $5.3M

A multifamily property located at 3228 W. Palmer Street in Chicago has been sold for $5,365,000. The transaction took place on November 24, 2020. The property consists of 14 units, resulting in a price per unit of approximately $383,214. Jordan Gottlieb, Jordan Multack, and Jim Darrow from Essex Realty Group, Inc represented the parties involved in the sale.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $5,365,000
• Units: 14
• Price Per Unit: $383,214

The sale of the property on 3228 W. Palmer Street in Chicago was facilitated by Jordan Gottlieb, Jordan Multack, and Jim Darrow from Essex Realty Group, Inc. This brokerage firm played a crucial role in representing the parties involved in the transaction.