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Charlie Hildebrand Purchases Multifamily Property At 3045 North Clifton Avenue For $1.53M

Property Image
SOLD
$1,530,000
Alan Cosby
Jordan Gottlieb
+ 1

Illinois

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MultiFamily4,600 SF
Sold
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Property Image
SOLD

Charlie Hildebrand Purchases Multifamily Property At 3045 North Clifton Avenue For $1.53M

3045 North Clifton Avenue

See Similar Deals
MultiFamily4,600 SF
Sold
Alan Cosby
Jordan Gottlieb
+ 1
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$332
Total Square Footage:4,600 SF
Transaction Type:Sale

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

James (Jim) Darrow
61 deals$283.1M volume(312) 998-2112
BROKER

Jordan Gottlieb
Essex Realty Group
67 deals$364.3M volume
BROKER

Alan Cosby
Westward360
6 deals$8.7M volume
BROKER

Brian Keegan
Essex Realty Group
25 deals$86.9M volume(708) 466-2626
BROKER

Essex Realty Group
BROKERAGE

Westward360
BROKERAGE

Details

SOLD
IMAGE: Jordan Gottlieb & Alan Cosby DATE: 09/16/2025 ADDRESS: 3045 North Clifton Avenue MARKET: Chicago ASSET TYPE: Multifamily BUYER: Charlie Hildebrand BUYER'S REP: Alan Cosby - Westward360 SELLER'S REP: Jordan Gottlieb - Essex Realty Group (@EssexRealtyGroup) SALE PRICE: $1,530,000 UNITS: 5 ~ PPU: $306,000 SF: 4,600 ~ PPSF: $332

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$81,600.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,435.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,252.98
Annual Debt Service$87,035.77