Joseph Grunwald Purchases Multifamily Property From Heather Roboski In Chicago For $1.9M
3008 East Cheltenham Place
$1,900,000
$70/SF
Building Size
27,000 SF
Asset Type
MultiFamily
Closing
Mar 4, 2026
AI
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.
Players
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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93