Joseph Grunwald Purchases Multifamily Property From Heather Roboski In Chicago For $1.9M
SOLD
$1,900,000
Illinois
See Similar DealsMultiFamily27,000 SF
Sold 03/05/2026
SOLD
Joseph Grunwald Purchases Multifamily Property From Heather Roboski In Chicago For $1.9M
3008 East Cheltenham Place
See Similar DealsMultiFamily27,000 SF
Sold 03/05/2026
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$70
Total Square Footage:27,000 SF
Transaction Type:Sale
The property involved in this transaction is a multifamily asset located at 3008 East Cheltenham Place in the Chicago market. The sale was concluded for a total price of $1,900,000, encompassing 38 units and totaling 27,000 square feet, resulting in a price per unit of $50,000 and a price per square foot of $70.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,900,000
- Units: 38
- Square Footage: 27,000
- Price Per Unit: $50,000
- Price Per Square Foot: $70
- Buyer: Joseph Grunwald
- Seller: Heather Roboski
- Broker Representatives: Michael Anguiano & Robert Berman - Nara Realty Advisors
This transaction involved Joseph Grunwald as the buyer, acquiring the multifamily property from seller Heather Roboski. The brokers representing the buyer and seller in this deal were Michael Anguiano and Robert Berman from Nara Realty Advisors.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$101,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,750.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,006.97
Annual Debt Service$108,083.63
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