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
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