Updated May 5, 2026
Dolores Raya Of Coldwell Banker Represents Buyer In $1.44M Multifamily Sale In Avondale
3648 West George Street
$1,440,000
$285/SF
Building Size
5,045 SF
Asset Type
MultiFamily
Closing
Apr 27, 2026
About this deal
AI
The property asset involved in this transaction is a multifamily building located at 3648 West George Street in the Avondale market. The sale price was $1,440,000 with a total of 4 units, providing a price per unit of $360,000. The property encompasses a total square footage of 5,045, resulting in a price per square foot of $285.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,440,000
- Units: 4
- Price Per Unit: $360,000
- Square Footage: 5,045
- Price Per Square Foot: $285
- Buyer's Representative: Dolores Raya - Coldwell Banker
- Seller's Representative: Lourdes Hernandez - Coldwell Banker
In this transaction, Dolores Raya represented the buyer while Lourdes Hernandez represented the seller, both affiliated with Coldwell Banker. This collaborative effort among the representatives facilitated the completion of the sale noted to have just closed on April 28, 2026.
On the Map
$1,440,000
$285/SF
MultiFamily
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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
11.02%
Cash-on-Cash
-3.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93