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1425 North Washtenaw Avenue

Jack Doyle Of Essex 312 Represents Buyer In Sale Of Multifamily Asset For $1,252,500
SOLDMultiFamily

Jack Doyle Of Essex 312 Represents Buyer In Sale Of Multifamily Asset For $1,252,500

1425 North Washtenaw Avenue

$1,252,500

$287/SF

Building Size

4,356 SF

Asset Type

MultiFamily

Closing

Jul 7, 2026

AI

A multifamily asset located at 1425 North Washtenaw Avenue in the Chicago market has been sold for $1,252,500. The property consists of 4 units, totaling 4,356 square feet, equating to a price per unit of $313,125 and a price per square foot of $287.

Summary of transaction details:

The transaction reflects the involvement of key brokers, with Jack Doyle from Essex 312 representing the buyer and Lourdes Hernandez from Coldwell Banker representing the seller. Their roles were crucial in bringing this deal to completion.

Players

Lourdes Hernandez
Verified Badge

Lourdes Hernandez

Coldwell Banker

Broker

$2.7M

vol

2 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

12.67%

Cash-on-Cash

-3.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93