CRER Sells Nine Building South Side Portfolio for $4MM

CRER recently sold a nine-building multifamily portfolio consisting of 59-units for $4,051,000 or $68,661 per unit. The south side portfolio was made of six to nine-unit buildings located at 7927-29 S Essex, 7937-49 S Essex, 8136-38 S Marshfield, 6701 S Peoria, 8207-09 S Ingleside, 8228-30 S Maryland, and 433 W 119th.

CRER was the sole broker in this off-market transaction that involved a local operator and out-of-state investor.

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