Brian Karmowski & Jimmy Donahue Of Essex Realty Group Complete Sale Of Oak Forest Multifamily For $8.275M
SOLD
$8,275,000
Illinois
See Similar DealsMultiFamily39,840 SF
Sold 12/09/2025
SOLD
Brian Karmowski & Jimmy Donahue Of Essex Realty Group Complete Sale Of Oak Forest Multifamily For $8.275M
15312 Knox Avenue
See Similar DealsMultiFamily39,840 SF
Sold 12/09/2025
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$207
Total Square Footage:39,840 SF
Transaction Type:Sale
The property asset involved in this transaction is a multifamily building located at 15312 Knox Avenue in Oak Forest. The sale price for the property was $8,275,000, reflecting its value in the current market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,275,000
- Address: 15312 Knox Avenue
- Market: Oak Forest
- Brokers: Brian Karmowski & Jimmy Donahue - Essex Realty Group
This transaction was facilitated by Brian Karmowski and Jimmy Donahue, who represented the involved parties through their association with Essex Realty Group, demonstrating their expertise in closing property transactions in the multifamily segment.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$441,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$29,399.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$39,227.72
Annual Debt Service$470,732.66
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