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27741 West Drake Drive

Yaakov Loboda & Michael Loboda Acquire Multifamily Property From HHDC For $24.625M In Channahon
SOLDMultiFamily

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

Scott Harris

Marcus & Millichap

Broker

$163.9M

vol

7 deals

Broker
LP
Loboda PropertiesBuyer

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