Updated Oct 29, 2026
Alex Morsch Of Compass Represents Buyer In $1.3M Multifamily Sale In Chicago
3136 West Logan Boulevard
$1,300,000
$267/SF
Building Size
4,860 SF
Asset Type
MultiFamily
Closing
Oct 15, 2026
About this deal
AI
The multifamily property located at 3136 West Logan Boulevard in Chicago has been sold for $1,300,000. This asset comprises four units with a total square footage of 4,860, resulting in a price per unit of $325,000 and a price per square foot of $267.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Units: 4
- Square Footage: 4,860
- Price Per Unit: $325,000
- Price Per Square Foot: $267
- Buyer's Representative: Alex Morsch - Compass
- Seller's Representative: Jack Doyle - Essex 312
Alex Morsch from Compass represented the buyer, while Jack Doyle from Essex 312 represented the seller in the transaction of this property.
On the Map
$1,300,000
$267/SF
MultiFamily
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93