SVN Chicago Commercial recently announced the successful sale of a multifamily property located at 143 E Grove Street in Lombard, Illinois. The transaction was facilitated by Joe Connelly and resulted in a record-breaking price of $1,257,500 or $179,643 per unit. This deal marks one of the highest price-per-door transactions ever seen in Lombard.
The high demand for multifamily investment opportunities combined with the prime location of 143 E Grove Street played a significant role in achieving this impressive sale price. The four-story midrise property spans over 5,950 square feet and generated multiple offers from interested buyers. Ultimately, SVN advisor David Szymanowski secured an all-cash transaction for this highly sought-after asset.
This successful sale is just another example of SVN’s expertise and commitment to delivering exceptional results for our clients. For more information on our services or available properties like this one, please visit Connect CRE today.
