This 17-unit courtyard apartment building, owned by the same family since 1987, has been carefully managed and maintained for decades. Their dedication ensured the property remained a valuable asset over the years. The Triton team worked closely together to make this deal happen, combining their expertise and resources to deliver a smooth and successful transaction for all parties involved.
🌟 Special recognition to Victor Colon for closing his first multi-family transaction—congrats on this milestone!
📈 Deal Highlights:
✔ Prime Skokie location on a quiet, tree-lined street with low-density, small residential buildings, reducing rental competition.
✔ Excellent unit mix featuring: (9) 2-bed + 1-bath, (5) 2-bed + 1.5 bath, and (3) 2-bed + 2-bath apartments and 16 rear surface parking spaces.
✔ Ability to add value through cosmetic renovations to unlock additional income.
This sale marks another successful collaboration, working together to closing were Matthew A. Fritzshall, Edward Liss, Harrison Cohen and Victor Colon. Stay tuned for more exciting transactions from Triton Realty Group LLC!
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