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2525 North Orchard Street

Essex Three-Twelve LLC Sells Multifamily Property At 2525 North Orchard Street For $2.9M
SOLDMultiFamily

Essex Three-Twelve LLC Sells Multifamily Property At 2525 North Orchard Street For $2.9M

2525 North Orchard Street

$2,900,000

Building Size

Asset Type

MultiFamily

Closing

Oct 21, 2025

AI

The six-unit multifamily property located at 2525 North Orchard Street in Chicago was sold for $2,900,000. The building, which underwent renovations in 2022, features upgraded units and systems, making it an attractive option for investors in the Lincoln Park area.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,900,000
  • Units: 6
  • Price Per Unit: $483,333
  • Broker: Garrett Leigh - Essex Three-Twelve
  • Market: Chicago
  • Date of Sale: 10/21/2025

Essex Three-Twelve, LLC was the selling entity involved in this transaction, having received multiple offers prior to the sale. The strong local investor interest surrounding the property underscored its market appeal following the recent renovations.

Players

Garrett Leigh

Essex 312

Broker

$4M

vol

2 deals

Broker
Essex 312
Essex 312Brokerage

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

5.47%

Cash-on-Cash

-1.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93