Real estate firm 33 sells five-building multifamily portfolio in Chicago

April 23, 2015  |  Staff Writer  |  Print Article  |  Email this Article

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Real estate firm 33 closed the sale of a five-building multifamily portfolio with a total of 35 units for $10.5 million on Chicago’s North Side.

Eric Weber, principal of 33, represented the seller. A group of Japanese investors purchased the properties.

The five North Side properties and sale details:

1653 N. Halsted (seven units) – $2.5 million, $357,143 per unit

5731-33 N. Winthrop (eight units) – $2.15 million, $268,750 per unit

1657 N. Halsted (six units) – $2.2 million, $366,667 per unit

2246 W. Belden (five units) – $1.5 million, $300,000 per unit

4653-57 N. Beacon (nine units) – $2.15 million, $238,889 per unit

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