The multifamily group of Sperry Van Ness LLC – Commercial Real Estate Advisors has sold a 13-unit multifamily property located in the North Park area of Chicago for a purchase price of $960,000.
Chicago Sperry Van Ness advisors Reid Bennett and Stephanie Berger held the exclusive listing to market the property. The buyer is a private investor. This is the second time that Bennett has sold this property for the same owner.
The property is located at 5324 N. Kimball Ave. in a quiet residential community blocks away from North Park and Northeastern Universities and one block north of Foster Avenue. The asset is an L-shaped 13-unit building comprised of three five-room, two-bedroom units and ten four-room, one-bedroom units.
