Aljack Investments Inc. Sells Multifamily Asset In Chicago For $2.15M With Brokers Harrison Cohen & Matt Fritzshall
656 West Gordon Terrace
$2,150,000
$256/SF
Building Size
8,400 SF
Asset Type
MultiFamily
Closing
Jan 15, 2026
AI
The property involved in the transaction is a multifamily asset located at 656 West Gordon Terrace in Chicago. This asset encompasses 8,400 square feet, consisting of 6 units. The transaction concluded with a sale price of $2,150,000, which equates to a price per unit of approximately $358,333 and a price per square foot of $255.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,150,000
- Address: 656 West Gordon Terrace
- Market: Chicago
- Units: 6
- SF: 8,400
- PPU: $358,333
- PPSF: $255
- Seller: Aljack Investments, Inc.
- Brokers: Harrison Cohen & Matt Fritzshall - TRITON Realty Group
The key individuals associated with this transaction include Harrison Cohen and Matt Fritzshall, who represent the broker agency TRITON Realty Group in this deal. Aljack Investments, Inc. is recorded as the seller of the property.
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
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93