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.
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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