Jordan Gottlieb, Brian Keegan & Jim Darrow Of Essex Realty Group Sell Chicago Multifamily For $2.19M
1300 North Greenview Avenue
$2,190,000
$350/SF
Building Size
6,250 SF
Asset Type
MultiFamily
Closing
Sep 9, 2025
AI
The property asset involved in this transaction is a multifamily building located at 1300 North Greenview Avenue in Chicago. The sale price of the property was $2,190,000, which breaks down to 6 units at a price per unit of $365,000. The total square footage of the building is 6,250, resulting in a price per square foot of $350.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,190,000
- Units: 6
- Price Per Unit: $365,000
- Square Footage: 6,250
- Price Per Square Foot: $350
The deal was represented by Jordan Gottlieb, Brian Keegan, and Jim Darrow from Essex Realty Group, who served as the seller's representatives in this transaction.
Players
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
7.24%
Cash-on-Cash
-2.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93