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1235 West Greenleaf Avenue

Tim Kavanaugh Of Essex Realty Group Represents Buyer In $6,000,000 Chicago Multifamily Sale
SOLDMultiFamily

Tim Kavanaugh Of Essex Realty Group Represents Buyer In $6,000,000 Chicago Multifamily Sale

1235 West Greenleaf Avenue

$6,000,000

Building Size

Asset Type

MultiFamily

Closing

May 25, 2026

AI

The property asset involved in the transaction is a multifamily asset located at 1235 West Greenleaf Avenue, in the Chicago market. The sale price for this property was $6,000,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,000,000
  • Buyer’s Representative: Tim Kavanaugh - Essex Realty Group
  • Seller’s Representatives: Doug Imber, Kate Varde & Rick Ofman - Essex Realty Group

Tim Kavanaugh represented the buyer in this transaction, while the seller was represented by Doug Imber, Kate Varde, and Rick Ofman, all of whom are part of Essex Realty Group.

Players

Doug Imber

Essex Realty Group

Broker

$241.8M

vol

29 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.64%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93