facebook
Traded Co logo
Submit

Essex Realty Brokers $2.7M Sale Of Uptown Multifamily Property On Sheridan Rd

Property Image
SOLD
$2,700,000
Jacob Goldstein
Steven (Steve) Livaditis

Illinois

See Similar Deals
MultiFamily
Sold 12/05/2021
the dealplayerscompscontact
Property Image
SOLD

Essex Realty Brokers $2.7M Sale Of Uptown Multifamily Property On Sheridan Rd

4012 North Sheridan Road, Chicago, Illinois 60613, United States

See Similar Deals
MultiFamily
Sold 12/05/2021
Jacob Goldstein
Steven (Steve) Livaditis
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

Located in Uptown, Chicago, the multifamily property at 4012-14 N. Sheridan Rd has been sold in a recent transaction. The property consists of 8 units and was sold for a total price of $2,700,000. This translates to an average price per unit (PPU) of $337,500. The sale was facilitated by brokers Steve Livaditis and Jacob Goldstein from Essex Realty.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $2,700,000
  • Units: 8
  • PPU: $337,500
  • Market: Uptown, Chicago

Steve Livaditis and Jacob Goldstein from Essex Realty played a key role in the transaction as the brokers representing the involved parties. Their expertise and guidance contributed to the successful completion of the sale.

Players

Steven (Steve) Livaditis
Essex Realty Group
Steven Livaditis
40 deals$195.2M volume
BROKER
Jacob Goldstein
Greenstone Partners
Jacob Goldstein
20 deals$46.6M volume(847) 385-8181
BROKER

Details

SOLD
IMAGE: Steve Livaditis & Jacob Goldstein DATE: 12/05/2021 ADDRESS: 4012-14 N. Sheridan Rd MARKET: Uptown, Chicago ASSET TYPE: Multifamily BROKERS: Steve Livaditis & Jacob Goldstein (@J3tInvestments) - Essex Realty (@Chicagomultifamily_EssexRealty) SALE PRICE: $2,700,000 UNITS: 8 ~ PPU: $337,500

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$144,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,592.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,799.38
Annual Debt Service$153,592.53