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2555 West Logan Boulevard

Kyle Stephens Sells Multifamily Asset At 2555 West Logan Boulevard Chicago For $2,990,000
SOLDMultiFamily

Kyle Stephens Sells Multifamily Asset At 2555 West Logan Boulevard Chicago For $2,990,000

2555 West Logan Boulevard

$2,900,000

Building Size

Asset Type

MultiFamily

Closing

Jun 30, 2026

AI

The property involved in this transaction is a multifamily asset located at 2555 West Logan Boulevard in the Chicago market. The sale price for this property was $2,990,000.

Summary of transaction details:

This transaction was handled by James Darrow, Jordan Gottlieb, and Brian Keegan, who represented the seller, Kyle Stephens, through Essex Realty Group, ensuring the successful completion of the deal.

Players

James Darrow

Essex Realty Group

Broker

$302.7M

vol

66 deals

Broker

Kyle Stephens

Seller

$5.2M

vol

2 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

5.47%

Cash-on-Cash

-1.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93