5 Notable Chicago Multifamily Sales in Feb 2014

5 Notable Chicago Multifamily Sales in Feb 2014

February 2014, a month when the spring market in Chicago should have been getting into high gear, was slow.  Compared to previous years, very few new listings hit the market so pent up buyer demand persists.  Here are 5 notable sales that closed in Feb 2014. (Contract dates are typically 30-60 days prior to close dates.)

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6 Notable Chicago Multifamily Sales In Jan 2014

6 Notable Chicago Multifamily Sales In Jan 2014

Seasonal activity of residential multifamily sales in Chicago may have slowed in January but plenty of Buyers and Sellers were still participating in the market.  Here's a list of 6 good income property buys across the north side neighborhoods of Chicago last month.

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Multifamily Sales of 2-4 Unit Buildings in Lakeview Chicago, January 2013

Multifamily Sales of 2-4 Unit Buildings in Lakeview Chicago, January 2013

Six multifamily properties (2-4 units) closed in Lakeview in January 2013.  This represents a zero percent increase over January 2012.  Generally properties that close in a given month go to contract sometime in the previous 2 month period.  Though there was no increase in year over year sales it is important to note that the number of properties for sale in Dec '12 vs. Dec '11 was down over 40%.   The decreasing supply and steady demand favors sellers entering the market.

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