Updated Oct 12, 2026
Peak Properties LLC Acquires Multifamily Asset In Chicago For $5.1M
4049 North Francisco Avenue, Chicago, IL, USA
$5,110,000
Units
40
Asset Type
MultiFamily
Closing
Jan 25, 2021
About this deal
AI
A multifamily property located at 4049 N. Francisco Avenue and 6047 N. Northwest Highway in Chicago was recently sold for a total of $5,110,000. The property consists of 40 units, with a price per unit of $127,750.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,110,000
- Units: 40
- Price Per Unit: $127,750
- Buyer: Peak Properties LLC
- Broker: Craig Martin, Paul Waterloo, Pat Kennelly, & Michael Duckler - Interra Realty
Represented by Craig Martin, Paul Waterloo, Pat Kennelly, and Michael Duckler from Interra Realty, Peak Properties LLC successfully acquired the multifamily property. This transaction showcases the expertise and knowledge of the brokers involved in facilitating the deal.
On the Map
$5,110,000
MultiFamily
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Players
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
3.10%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93