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4701 North Monticello Avenue

James Oraha Purchases Multifamily Property From Mike Antonijevic For $2,080,000 In Chicago
SOLDMultiFamily

James Oraha Purchases Multifamily Property From Mike Antonijevic For $2,080,000 In Chicago

4701 North Monticello Avenue

$2,080,000

$178/SF

Building Size

11,650 SF

Asset Type

MultiFamily

Closing

Apr 16, 2026

AI

The transaction involved a multifamily asset located at 4701 North Monticello Avenue in the Chicago market. The property was sold for a total of $2,080,000, comprising 16 units with a price per unit of $130,000. The overall square footage of the asset is 11,650, translating to a price per square foot of $178.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,080,000
  • Units: 16
  • Price Per Unit: $130,000
  • Square Feet: 11,650
  • Price Per Square Foot: $178
  • Buyer: James Oraha
  • Seller: Mike Antonijevic
  • Brokers: Michael Anguiano & Daniel Shabsin - Nara Realty Advisors

The transaction saw James Oraha as the buyer and Mike Antonijevic as the seller, facilitated by brokers Michael Anguiano and Daniel Shabsin from Nara Realty Advisors, who played a key role in bringing both parties together for this multifamily property deal.

Players

Michael Anguiano

Nara Realty Advisors

Broker

$64.1M

vol

11 deals

Broker

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

7.63%

Cash-on-Cash

-2.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93