CRER brokers Steven Rapoport and Finley Askin successfully closed the sale of 605 E 80th Street in Chicago, a 12-unit REO property positioned for significant value-add upside. Opportunities like this continue to attract serious investor attention, and this deal was no exception, generating strong interest from buyers targeting repositioning plays.
CRER has had a dedicated Receivership division with long-standing relationships that consistently position us to handle and sell REO properties. For lenders and sellers, this means a broker who can stabilize the asset, create competitive tension, and maximize recovery. For buyers, it provides access to true value-add opportunities with a clear path to closing and meaningful upside.
CRER Multifamily Brokerage Track Record in Chicago
CRER continues to service Chicago multifamily brokerage market with a proven history of maximizing value for apartment building sellers and identify opportunities for Buyers. Recent notable closings include:
These transactions highlight CRER’s ability to source qualified buyers, underwrite complex portfolios, and close deals efficiently across Chicago’s South Side investment corridor.
Looking for your Next Chicago Multifamily Investment:
New Listing coming to market soon: Bank owned 12-unit Building
Thinking About Selling Your Chicago Apartment Building. Request a Confidential Valuation
If you own an apartment building in Chicago, now is a strategic time to explore a sale. Recent closings across the city show that properly marketed properties are achieving strong pricing even as interest rates fluctuate.
