Charlie Hildebrand Purchases Multifamily Property At 3045 North Clifton Avenue For $1.53M
3045 North Clifton Avenue
$1,530,000
$332/SF
Building Size
4,600 SF
Asset Type
MultiFamily
Closing
Sep 15, 2025
AI
The property involved in the transaction is a multifamily asset located at 3045 North Clifton Avenue in Chicago. The sale price was $1,530,000, with a total of 5 units. The square footage of the asset is 4,600, resulting in a price per unit of $306,000 and a price per square foot of $332.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,530,000
- Units: 5
- Square Footage: 4,600
- Price Per Unit: $306,000
- Price Per Square Foot: $332
- Buyer: Charlie Hildebrand
- Buyer's Representative: Alan Cosby - Westward360
- Seller's Representative: Jordan Gottlieb - Essex Realty Group
Key individuals involved in the transaction include buyer Charlie Hildebrand and his representative Alan Cosby from Westward360, as well as seller's representative Jordan Gottlieb from Essex Realty Group. Each played a significant role in facilitating this transaction within the multifamily market of Chicago.
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
10.37%
Cash-on-Cash
-2.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93