Updated Nov 11, 2025
Dave Rodriguez Sells Multifamily Asset In Chicago For $1.6M With Buyer's Representatives Phillip Dixon & Kasey Taylor
6607 South Greenwood Avenue & 6609 South Greenwood Avenue
$1,600,000
$66/SF
Building Size
12,000 SF
Asset Type
MultiFamily
Closing
Nov 3, 2025
About this deal
AI
The transaction involved a multifamily property located at 6607 South Greenwood Avenue and 6609 South Greenwood Avenue in Chicago. The asset was sold for a total of $1,600,000, covering a total area of 12,000 square feet. The property consists of 6 units, resulting in a price per unit of $266,666 and a price per square foot of $133.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,600,000
- Units: 6
- Square Feet: 12,000
- Price Per Unit: $266,666
- Price Per Square Foot: $133
- Seller: Dave Rodriguez
- Buyer's Representatives: Phillip Dixon & Kasey Taylor - Compass
- Date of Sale: 11/4/2025
Phillip Dixon and Kasey Taylor from Compass represented the buyer in this transaction. Their involvement highlights the professional support typically required in real estate dealings, ensuring the interests of the buyer were effectively managed throughout the sales process.
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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93