Alex Drosos Acquires Multifamily Asset From George Zacharia In Chicago For $2.55M
6004 North Paulina Street
$2,550,000
$157/SF
Building Size
16,200 SF
Asset Type
MultiFamily
Closing
Jun 8, 2026
AI
The property involved in this transaction is a multifamily asset located at 6004 North Paulina Street in Chicago. The property was sold for $2,550,000 and comprises 18 units, with a price per unit of $141,666. The total square footage of the property is 16,200, resulting in a price per square foot of $157.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,550,000
- Units: 18
- Price Per Unit: $141,666
- Square Footage: 16,200
- Price Per Square Foot: $157
- Buyer: Alex Drosos
- Seller: George Zacharia
- Brokers: Michael Anguiano, Robert Berman & Daniel Shabsin - Nara Realty Advisors
Key individuals involved in the transaction include the buyer, Alex Drosos, and the seller, George Zacharia. The brokerage team representing the deal includes Michael Anguiano, Robert Berman, and Daniel Shabsin from Nara Realty Advisors.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.22%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93