Updated Oct 30, 2026
Tom Smith Acquires Multifamily Property In Chicago From Jon Jones For $1,285,000
4724 North Sacramento Avenue
$1,285,000
$270/SF
Building Size
4,750 SF
Asset Type
MultiFamily
Closing
Oct 28, 2026
About this deal
AI
The property involved in this transaction is a multifamily asset located at 4724 North Sacramento Avenue in Chicago. The sale was finalized at a price of $1,285,000. The building comprises 4 units with a total square footage of 4,750, resulting in a price per unit of $321,250 and a price per square foot of $270.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,285,000
- Address: 4724 North Sacramento Avenue
- Market: Chicago
- Units: 4
- Square Footage: 4,750
- Price Per Unit: $321,250
- Price Per Square Foot: $270
- Buyer: Tom Smith
- Seller: Jon Jones
- Broker: Nicole Hurt - Christie's International Real Estate
This transaction was facilitated by Nicole Hurt, representing Christie's International Real Estate, who played a key role in the deal between buyer Tom Smith and seller Jon Jones, highlighting the professional involvement necessary for such a transaction.
On the Map
$1,285,000
$270/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
12.34%
Cash-on-Cash
-3.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93