Eric Kogan & Maggie Dinger Acquire Multifamily Property At 3078 West Palmer Boulevard For $1.2M
3078 West Palmer Boulevard
$1,200,000
$258/SF
Building Size
4,650 SF
Asset Type
MultiFamily
Closing
Feb 16, 2026
AI
The transaction involved a multifamily asset located at 3078 West Palmer Boulevard in the Chicago market, priced at $1,200,000. The property comprises 3 units, with a price per unit of $400,000. The total square footage of the asset is 4,650, resulting in a price per square foot of $258.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Buyer: Eric Kogan & Maggie Dinger
- Seller: Thomas R Murray
- Broker: Alexander Morsch - Compass
- Units: 3
- SF: 4,650
- PPU: $400,000
- PPSF: $258
Eric Kogan and Maggie Dinger acted as the buyers of the multifamily property, while Thomas R Murray was the seller. The representation for this transaction was provided by Alexander Morsch from Compass, facilitating the deal between the involved parties.
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93