Peak Realty Chicago Brokers Two Sales of Three-Flats in One Week
Peak Realty Chicago (PRC) closed on two three-unit turnkey properties in the same week, selling both buildings to private real estate investors for a total of $1.94 million. They included 2222 W. Belden Ave. in Bucktown for $1,010,000 and 3554 W. Wrightwood Ave. In Logan Square for $930,000.
“These properties were strategically positioned for sale only after securing the necessary leasing rates, in order to substantiate the price these sellers were willing to trade at,” said Oren Pollack, VP for PRC. “Both owners had renovated their properties and were ready to sell after various holding periods.”
PRC brokers Alex Morsch and Yohanna Garay represented the sellers on both assets.
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. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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