CRER senior directors Steven Rapoport and Tim Keenan expertly managed the transaction of this 17-unit apartment building located at 8039 S King Drive in the Chatham neighborhood of Chicago, showcasing their extensive expertise in handling multifamily investments.
Prior to its sale, CRER was not only managing the property but also served as the court-appointed receiver, ensuring the building was maintained and operated efficiently during the transition period. The management and strategic positioning made this property a compelling investment opportunity.
This 17-unit building was purchased by a well-experienced local investor, seeing the potential to enhance the property’s value further.
Are you exploring opportunities to buy or sell income-generating properties in Chicago? With their deep understanding of the market and proven track record, Steven Rapoport and Tim Keenan are ready to assist you. Their approach is straightforward and focused on achieving optimal outcomes for their clients.
Contact Steven or Tim today to find out how they can help you navigate the real estate market and achieve your investment goals.