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Triton Realty Group Represents Buyers In Sale Of Chicago Multifamily Portfolio For $2.99M

Property Image
SOLD
$2,990,000
Luke Wojcik
Harrison Cohen
Matthew "Matt" Fritzshall

Illinois

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MultiFamily
Sold 03/27/2026
the dealplayerscompscontact
Property Image
SOLD

Triton Realty Group Represents Buyers In Sale Of Chicago Multifamily Portfolio For $2.99M

3543 North New England Avenue, 3217 North Kildare Avenue & 4121 North Tripp Avenue

See Similar Deals
MultiFamily
Sold 03/27/2026
Luke Wojcik
Harrison Cohen
Matthew "Matt" Fritzshall
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

The recent transaction involves three multifamily properties totaling 99 units located at 3543-45 North New England Avenue, 3217-21 North Kildare Avenue, and 4121-25 North Tripp Avenue in the Chicago market. The sale price for these assets was $2,990,000, with a per unit price of $186,875.

Summary of transaction details:

Triton Realty Group successfully represented the buyers in this notable sale, which marks the initial dispositions from the Gary R. Carlson Northwest Chicago Portfolio consisting of 16 buildings on the Northwest Side.

Players

Matthew "Matt" Fritzshall
TRITON Realty Group
Matthew Fritzshall
16 deals$84.6M volume
BROKER
Harrison Cohen
TRITON Realty Group
Harrison Cohen
10 deals$57.7M volume(847) 624-6639
BROKER
Luke Wojcik
TRITON Realty Group
Luke Wojcik
3 deals$5.5M volume
BROKER

Details

SOLD
IMAGE: Harrison Cohen, Matt Fritzshall & Luke Wojcik DATE: 03/27/2026 ADDRESS: 3543-45 North New England Avenue, 3217-21 North Kildare Avenue & 4121-25 North Tripp Avenue MARKET: Chicago ASSET TYPE: Multifamily BROKERS: Matt Fritzshall (@MFritzshall), Harrison Cohen (@Hairy_Son) & Luke Wojcik - TRITON Realty Group (@Triton_Realty_Group) SALE PRICE: $2,990,000 UNITS: 16 ~ PPU: $186,875 NOTE: Triton Realty Group completed the sale of three properties totaling 99 units from the Gary R. Carlson Northwest Chicago Portfolio for a combined $2.99 million in Chicago.The multifamily assets at 3543-45 N. New England Ave., 3217-21 N. Kildare Ave., and 4121-25 N. Tripp Ave. represent the first dispositions from the 16-building Northwest Side portfolio, with Triton Realty Group representing the buyers.

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

$159,466.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,622.83
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,174.13
Annual Debt Service$170,089.51