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2129 North Campbell Avenue

BSG Properties, LLC Acquires Chicago Multifamily For $3.7M With Buyer's Rep Matt Fritzshall
SOLDMultiFamily

BSG Properties, LLC Acquires Chicago Multifamily For $3.7M With Buyer's Rep Matt Fritzshall

2129 North Campbell Avenue

$3,700,000

$256/SF

Building Size

14,400 SF

Asset Type

MultiFamily

Closing

Dec 20, 2023

AI

The multifamily property located at 2129 North Campbell in Chicago has been sold for a total price of $3,700,000. The property consists of 9 units, with a price per unit of $411,111. The total square footage of the property is 14,400, resulting in a price per square foot of $257.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,700,000
  • Units: 9
  • Price per Unit: $411,111
  • Square Footage: 14,400
  • Price per Square Foot: $257
  • Address: 2129 North Campbell, Chicago

The buyer of the property is BSG Properties, LLC, represented by Noah Birk, Aaron Sklar, and Dan Gonzalez. The seller is Gabe Horstick. The buyer's representative in the deal is Matt Fritzshall, while Gabe Horstick represents himself as the seller's representative.

Players

Matthew Fritzshall

TRITON Realty Group

Broker

$84.6M

vol

16 deals

Broker
Noah Birk

Noah Birk

Buyer

$101.2M

vol

63 deals

Buyer
Gabriel Horstick

Gabriel Horstick

Base 3 Development

Seller

$19M

vol

7 deals

Seller

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

4.29%

Cash-on-Cash

-1.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93