Updated Sep 16, 2026
Local Family Real Estate Operator Acquires 12-Unit Multifamily Property In Rogers Park For $3.25M
1710 West Lunt Avenue
$3,250,000
Units
12
Asset Type
MultiFamily
Closing
Jun 30, 2026
About this deal
AI
A newly renovated multifamily property located at 1710 West Lunt Avenue in Chicago's Rogers Park neighborhood was acquired for $3,250,000. The asset comprises 12 residential units, equating to a price per unit of $270,833. At the time of closing, the property was 92% leased.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,250,000
- Units: 12
- Price Per Unit: $270,833
- Market: Chicago, IL
Interra Realty's Brad Feldman represented the buyer in this transaction. Joe Smazal and Mark Dykstra represented the seller, a local private developer, in the deal.
On the Map
$3,250,000
MultiFamily
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Players
Chaptico 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
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93