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Wildwood Investments And Contemporary Concepts Acquire 95-Unit Apartment Building In Chicago For Closed Transaction
SOLD
Illinois
See Similar DealsMultiFamily
Sold 10/31/2025
SOLD
Wildwood Investments And Contemporary Concepts Acquire 95-Unit Apartment Building In Chicago For Closed Transaction
3431 North Ashland Avenue & 49 North Ashland Avenue
See Similar DealsMultiFamily
Sold 10/31/2025
Summary
ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale
The property asset involved in the transaction is a 95-unit apartment building located at 3431-49 North Ashland Avenue in Chicago's Lakeview neighborhood. This multifamily asset was completed in 2024 and was 98% occupied at the time of sale. It features modern amenities including a rooftop deck, coworking space, and a pickleball court.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: Not specified
- Address: 3431-49 North Ashland Avenue
- Market: Chicago
- Units: 95
- Buyer: Matt Katsaros - Wildwood Investments & Mike Breheny - Contemporary Concepts
- Seller: Highland Real Estate Partners
- Brokers: Joe Smazal & Mark Dykstra - Interra Realty
Joe Smazal and Mark Dykstra from Interra Realty represented both the buyer, a joint venture between Wildwood Investments and Contemporary Concepts, and the seller, Highland Real Estate Partners, in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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