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IllinoisMultifamily

Monarch Realty Partners sells 60-unit apartment building in Chicago

January 10, 2022
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Monarch Realty Partners has brokered the sale of 528 W. Oakdale, a 60-unit apartment building in the Lakeview neighborhood of Chicago.

The property, which was built in the 1960s and was still owned by the family of the original developer, sold for $11.55 million or $192,500 a unit. This marks the first time this property has ever traded.

Bill Baumann of Monarch Realty Partners brokered the transaction.

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