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Quantum Arranges 1031 Exchange for California Buyer
Quantum Real Estate Advisors, Inc. has brokered the sale of a 12-unit multifamily building located at 3137 W. Wellington Ave. on Chicago’s northwest side. The property sold for $2,850,000.
Clay Maxfield exclusively marketed the property for sale on behalf of the owner. After a successful marketing process, the property sold to a California buyer in a 1031 exchange.
“This was a particularly interesting transaction as I sold this building to the current owner in 2018,” said Maxfield. “We are happy that we were able to deliver on this sale and very proud of the fact that in doing so, we procured an out-of-state trade buyer who saw an opportunity in Chicago.”
- ◦Sale/Acquisition


