Chicago, IL (September 2nd, 2022) – Quantum Real Estate Advisors, Inc. has brokered the sale of a 12-unit multi-family building located at 3137 W. Wellington Ave., Chicago, IL. The property sold for $2,850,000.
Clay Maxfield exclusively marketed the property for sale on behalf of the owner. After a successful marketing process, the property sold to a California buyer in a 1031 exchange.
Mr. Maxfield had the following comments regarding the transaction, “This was a particularly interesting transaction as I sold this building to the current owner in 2018. We are happy that we were able to deliver on this sale and very proud of the fact that in doing so, we procured an out-of-state trade buyer who saw an opportunity in Chicago.”
Quantum Real Estate Advisors, Inc. (www.QREAdvisors.com) specializes in investment sales brokerage, assisting clients in the acquisition and disposition of commercial real estate. Quantum has the capacity through strategic alliances to offer full-service leasing brokerage, receivership, management, and financing.