REBusinessOnline

SVN Brokers $9.5M Sale of Two Multifamily Buildings in Chicago

Pictured is the 40-unit property at 10500 S. Walden Parkway.

CHICAGO — SVN | Chicago Commercial has brokered the sale of two multifamily buildings in Chicago’s Beverly neighborhood for $9.5 million. The properties, which total 110 units, are located at 10206-30 S. Walden Parkway and 10500 S. Walden Parkway. Frank Micklin of SVN brokered the transaction on behalf of the undisclosed parties. The buyer completed a tax-deferred 1031 exchange.

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