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Chicago & Midwest   /   November 30, 2020

Paul Bubny
By: Paul Bubny

AIA Brokers Multiple Sales on North, West Sides

Apartment Investment Advisers (AIA) recently sold multiple apartment buildings on Chicago’s North and West Sides, including two properties in Logan Square. The deals included the following:

• A seven-unit apartment building at 2417 N. Monticello in Logan Square and a 10-unit apartment building at 3000 N. Kilbourn in Hermosa traded in a package deal for $1,850,000, equating to $108,823 per unit.  Jack Cassin and Dan Egan of AIA were the brokers in the sale.

• AIA’s Bill Cassin sold a six-unit apartment building at 2240 N. Sawyer in Logan Square for $1,750,000 and $291,666 per unit.

• On the West Side, AIA’s Mike Lindblad sold an eight-unit apartment building at 4233 W. Potomac in Humboldt Park for $545,000, or $68,125 per unit.

Pictured: 2240 N. Sawyer.

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About the Author

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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