Silver Property Group closed on a 20-unit vintage neighborhood building at 2200 N. Avers Ave. in the Avondale neighborhood of Chicago.
This marks the sixth and final building acquired from Pioneer Acquisitions, a New York-based investment firm, as part of a broader 117-unit portfolio transaction totaling $22.3 million.
The Avers Avenue building is a 100-year-old walk-up multifamily building at the corner of Avers and Palmer.
The deals were brokered by Interra Realty’s Joe Smazal.
