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SALE Learn More: https://lnkd.in/dgwJ9EGb IMAGE: Greg Fowler, Elizabeth Gagliardi, shaul kuba, Susan Lawson & Chuck Johanns DATE: 03/15/2024 ADDRESS: 1326 South Michigan Avenue MARKET: Chicago ASSET TYPE: MultiFamily BUYER: Greg Fowler - FPA Multifamily SELLER: John Murphy; Shaul Kuba - CIM Group BROKERS: Chuck Johanns, Liz Gagliardi & Susan Lawson - Newmark SALE PRICE: $144,000,000 UNITS: 500 ~ PPU: $288,000 NOTE: A California investor bought a 500-unit apartment tower in Chicago's South Loop for $144 million, marking the city's largest multifamily deal of early 2024. The luxury Paragon Chicago tower was acquired by an affiliate of FPA Multifamily, surpassing last year's major sales despite a slowdown in the market. #Chicago #RealEstate #TradedChicago #Multifamily #ChuckJohanns #LizGagliardi #SusanLawson #Newmark #JohnMurphy #ShaulKuba #CIMGroup #GregFowler #FPAMultifamily