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:
- 50-Unit REO Multifamily Portfolio – Auburn Gresham
- Two-Building, 26-Unit Multifamily Portfolio – Auburn Gresham
- 39-Unit on Chicago’s South Side
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.
