Yaakov Loboda & Michael Loboda Acquire Multifamily Property From HHDC For $24.625M In Channahon
27741 West Drake Drive
$24,625,000
$97/SF
Building Size
253,650 SF
Asset Type
MultiFamily
Closing
Dec 17, 2025
AI
The multifamily property located at 27741 West Drake Drive in Channahon has been sold for $24,625,000. This asset encompasses 173 units and offers a total square footage of 253,650, yielding a price per unit of $142,341 and a price per square foot of $97.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $24,625,000
- Units: 173
- Square Footage: 253,650
- Price Per Unit: $142,341
- Price Per Square Foot: $97
- Buyer: Yaakov Loboda & Michael Loboda
- Seller: Hispanic Housing Development Corporation (HHDC)
- Brokers: Scott Harris & Samuel McCarthy - Marcus & Millichap
In 2026, Loboda Properties, represented by Yaakov Loboda, is looking to acquire additional multifamily properties across the Midwest and Southeast. They encourage owners and brokers with opportunities to reach out directly.
Players
Channahon 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
0.64%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93