CRER Closes Two South Side Deals for $4.2MM to Out-of-State Buyers

CRER was the sole broker in the sale of a pair of south side properties consisting of 72-units located at 8242-58 S Drexel Ave and 11207-15 S King Dr. The Drexel property is a 46-unit multifamily building located in Chicago’s Chatham neighborhood and sold for $2.75MM / $59,782 per unit. The King Drive property, a 26-unit multifamily building in Chicago’s Roseland neighborhood, sold for $1.44MM / $55,385 per unit.



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