Updated Oct 12, 2026
Jesus Garcia & Joe Kahlhammer Of Essex Realty Group Sell Chicago Multifamily For $5.236M
6321 South California Avenue
$5,236,000
Units
68
Asset Type
MultiFamily
Closing
Sep 28, 2026
About this deal
AI
The properties involved in this transaction include multiple multifamily buildings located at 6321-31 S. California, 6355-57 S. California, and 6400 S. Fairfield in the Chicago market. The transaction resulted in a sale price of $5,236,000 for a total of 68 units, yielding a price per unit of $77,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,236,000
- Units: 68
- Price Per Unit: $77,000
- Seller's Representative: Jesus Garcia & Joe Kahlhammer - Essex Realty Group
- Date of Transaction: 09/28/2026
Jesus Garcia and Joe Kahlhammer of Essex Realty Group represented the seller in this multifamily property transaction, highlighting their involvement in the real estate market in Chicago. Their experience and knowledge contributed to the successful closure of this sale.
On the Map
$5,236,000
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
3.03%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93