Aljack Investments Inc. Sells Multifamily Asset On Kenmore Avenue For $5.8M With Brokers Cohen & Fritzshall
SOLD
$5,800,000
Illinois
See Similar DealsMultiFamily9,396 SF
Sold 11/17/2025
SOLD
Aljack Investments Inc. Sells Multifamily Asset On Kenmore Avenue For $5.8M With Brokers Cohen & Fritzshall
2244 North Kenmore Avenue
See Similar DealsMultiFamily9,396 SF
Sold 11/17/2025
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$617
Total Square Footage:9,396 SF
Transaction Type:Sale
The property asset involved in the transaction is a multifamily building located at 2244 North Kenmore Avenue in Chicago. The sale price for this asset was $5,800,000, which encompasses a total of 9,396 square feet. The property contains 6 units, resulting in a price per unit of $966,666 and a price per square foot of $617.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,800,000
- Units: 6
- Square Footage: 9,396
- Price per Unit: $966,666
- Price per Square Foot: $617
- Seller: Aljack Investments Inc.
- Broker Representatives: Harrison Cohen & Matthew Fritzshall - TRITON Realty Group
- Date of Sale: 11/17/2025
- Market: Chicago
Key individuals involved in the deal include the seller Aljack Investments Inc. and broker representatives Harrison Cohen and Matthew Fritzshall from TRITON Realty Group, who facilitated the sale of the property. Their professional engagement underscores the dynamics of the transactional process within the multifamily asset market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$309,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,606.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,494.96
Annual Debt Service$329,939.51
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