Updated Jul 10, 2026
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
About this deal
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:
- Property Type: Multifamily
- Transaction Amount: $1,252,500
- Units: 4
- Square Footage: 4,356
- Price Per Unit: $313,125
- Price Per Square Foot: $287
- Buyer's Representative: Jack Doyle - Essex 312
- Seller's Representative: Lourdes Hernandez - Coldwell Banker
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
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Lourdes Hernandez to view all their deals.
Browse Chicago multifamily sales on Traded.
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