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2027 North Humboldt Boulevard

Essex Realty Group Brokers $2.25 Million Sale Of Multifamily Property In Chicago's Logan Square
SOLDMultiFamily

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

James Darrow

Essex Realty Group

Broker

$302.7M

vol

66 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

7.05%

Cash-on-Cash

-2.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93