Essex Realty Group Brokers $2.25 Million Sale Of Multifamily Property In Chicago's Logan Square
2027 North Humboldt Boulevard
$2,250,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 4, 2026
AI
The multifamily property located at 2027 North Humboldt Boulevard in Chicago's Logan Square neighborhood consists of five units. It sold for $2,250,000, translating to a price per unit of $450,000. The property features renovated interiors with luxury finishes while retaining its historic character.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,250,000
- Address: 2027 North Humboldt Boulevard
- Market: Chicago, IL
- Units: 5
- Price Per Unit: $450,000
The transaction was brokered by Essex Realty Group, with Jim Darrow, Jordan Gottlieb, and Brian Keegan representing the seller. The involvement of these Essex principals highlights their expertise in handling multifamily properties in the market.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93