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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