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Private Investors Trade South Shore Multifamily Property
Inland Real Estate Commercial Brokerage closed the sale of a multifamily property located at 7400-7600 S. Phillips Ave. in Chicago’s South Shore neighborhood. The seller and purchaser were both private investors. Terms of the sale weren’t disclosed.
SVPs Paul Montes and Eric Spiess of Inland Commercial Brokerage, along with William Dozier of Coldwell Banker Commercial Real Estate, facilitated the transaction on behalf of the seller
The three-story, 15-unit building includes three four-bedroom, one and a half-bathroom units; two three-bedroom, one-and-a half-bathroom units; nine two-bedroom, one bathroom units; and a single six-bedroom, two-bathroom unit.
“The apartments are spacious and feature refinished hardwood floors, ceramic tile bathrooms and granite kitchen counters,” said Montes.
The property is four blocks from Chicago’s lakefront and two-and-a-half miles from the future home of the Obama Presidential Center in Jackson Park.
- ◦Sale/Acquisition


