5617–5619 S Michigan Avenue sold after generating multiple offers within the first 30 days of marketing, ultimately closing at $141,667 per unit. This pricing represents the highest sale price per unit achieved in the Washington Park submarket in several years and
Chicago Real Estate Resources (CRER), Inc. is pleased to announce that Managing Partner Steven Rapoport has successfully closed the sale of an 8-unit apartment building located at 10 to 12 West Chestnut Street in the heart of Chicago’s Gold Coast.
CRER Senior Director Finley Askin brokered the $10,000,000 sale of a 51-unit multifamily portfolio in Chicago’s fast-growing Bronzeville neighborhood. The two fully renovated properties, located at 4400 S Calumet Ave and 4501 S Calumet Ave, traded for $196,078 per unit,
CRER’s Finley Askin represented the buyer in the sale of a 50-unit multifamily portfolio in Chicago’s south side Auburn Gresham neighborhood. The portfolio, consisting of two properties at 8100 S Paulina St and 8200 S Paulina St, closed for $1,150,000 or
CRER’s Nate Gautsche and Finley Askin completed the sale of 7501 S Stewart in Chicago, a 39-unit multifamily property in Chicago’s Greater Grand Crossing Neighborhood. Nate represented the seller and Finley represented the buyer. The building closed for $3,050,000 or
A 7-unit multifamily property located in the heart of Chicago’s Bowmanville neighborhood, sold after decades of long-term ownership. The building blends historic character with significant value-add potential, highlighted by an abundance of unused square footage that offers new ownership the
CRER Senior Director Finley Askin completed the sale of a two-building, 26-unit multifamily portfolio in Chicago’s south side Auburn Gresham neighborhood. The portfolio closed for $2,700,000 or $103,846 per unit. The local seller recently completed a host of capital improvements and
CRER Senior Director Steven Rapoport has completed the sale of a fully leased, income-producing six-unit apartment building in the heart of Wicker Park, representing the buyer in a competitive transaction. The buyer, a local investor, has added another high-performing asset
This well-maintained, 12-unit center-entrance building traded off-market after decades of long-term family ownership. The property featured underutilized unit layouts and an abundance of unused square footage throughout the building, presenting an opportunity for reconfiguration and modernization under new ownership. Christian
CRER Senior Director Steven Rapoport has completed the successful sale of a 23-unit mixed-use building located at 1422 North Milwaukee Avenue in the heart of Wicker Park, one of Chicago’s most vibrant neighborhoods. The building’s first floor is anchored by
CRER Senior Director Finley Askin recently closed the $5.85 million sale of a 66-unit mixed-use property at 5220 S Harper Ave in Chicago's Hyde Park neighborhood. Finley represented both the buyer and the seller in the transaction. The property includes
CRER Senior Director Finley Askin represented the buyer in the off-market purchase of a 70-unit apartment building located at 7350 S. Phillips Ave in Chicago’s South Shore neighborhood. The asset sold for $3,150,000 or $45,000 per unit. The five-story brick
