JAB Real Estate Sells Multifamily Property In Chicago For $5.3M
SOLD
$5,300,000
Illinois
See Similar DealsMultiFamily8,632 SF
Sold 06/01/2020
SOLD
JAB Real Estate Sells Multifamily Property In Chicago For $5.3M
2865 West Shakespeare Avenue, Chicago, IL 60647, USA
See Similar DealsMultiFamily8,632 SF
Sold 06/01/2020
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$614
Total Square Footage:8,632 SF
Transaction Type:Sale
A multifamily property located at 2865 W. Shakespeare Ave. in Chicago has been sold for $5,300,000. The property consists of 23 units, resulting in a price per unit of $230,435.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,300,000
- Address: 2865 W. Shakespeare Ave., Chicago
- Market: Chicago
The seller of the property was JAB Real Estate, represented by Oliver Goudet. The transaction was facilitated by brokers James Ziegler and Kyle Stengle from Marcus & Millichap.
Players
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$282,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,829.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,124.70
Annual Debt Service$301,496.45
Is there something missing? Send suggestions