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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HOTlist Properties - Big 3 Unit Multi-Family In Lakeview

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Comments:

Investor alert!  Great price for a seemingly well kept 3 unit greystone building in the heart of Wrigleyville. This income property sits on a double lot, on the L side of the street.  Lots of parking under the L tracks.  Expect a lot of bidders for this property. Looks like it's currently vacant.  The building was recently purchased at a Judicial sale foreclosure auction.  That makes this a flip but who cares, it's still priced right for the neighborhood.

$829,900

3626 N Wilton Ave
Chicago, IL 60653

Type:  Multifamily 3 unit 
Total Units: 3
Total Rooms: 16
Total Bedrooms:  6
Total Baths: 3
Basement:  Full-unfinished
Parking:  TBD 
Lot Size:  50' x 70'
Year Built:  Unknown
Assessments:  n/a
Taxes:  $14,742
Grade School Dist:  #299
County:  Cook
Neighborhood: Lakeview

Information provided by:  Goodwill Realty Group, Saul Zenkevicius

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Contact Brent Hall to discuss buying and selling real estate in Chicago. Direct 312-725-6171.