Essex Realty Group Sells 24-Unit Multifamily Property In Rogers Park, Chicago For $4M
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This MultiFamily property located in IL was sold for $4,000,000 over 1 year ago. The brokers of the deal were Rick Ofman, Douglas (Doug) Imber, and Katherine (Kate) Varde
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- Location6517 North Newgard Avenue, Chicago, Illinois 60626, United States
- Sale Price$4,000,000$229 PPSF
- Area17,400 SF
- Asset TypeMultiFamily
- Parties3 Brokers, 1 Agency
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Deal Summary
SALE
IMAGE: Rick Ofman, Doug Imber & Kate Varde
DATE: 10/07/2022
ADDRESS: 6517 N Newgard Ave
MARKET: Rogers Park, Chicago, IL
ASSET TYPE: Multifamily
BROKERS: Rick Ofman, Doug Imber & Kate Varde - Essex Realty Group, Inc. (@EssexRealtyGroupInc)
SALE PRICE: $4,000,000
UNITS: 24 ~ PPU: $166,667
SF: 17,400 ~ PPSF: $230
NOTE FROM BROKERS: Congratulations to Essex Realty Group, Inc. (@EssexRealtyGroupInc) on the sale of 6517-23 N. Newgard Ave, a 24-unit courtyard building located in Rogers Park. The property was put on the market by listing team Rick Ofman, Doug Imber & Kate Varde, and sold for $4,000,000. The property was on the market for only 14 days before going under contract. Imber & Varde also represented the buyer, a local investor. Congratulations to all involved in this transaction, please contact Essex with any further questions (@EssexRealtyGroupInc).
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6517 North Newgard Avenue
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