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6607 South Greenwood Avenue

Updated Nov 11, 2025

Dave Rodriguez Sells Multifamily Asset In Chicago For $1.6M With Buyer's Representatives Phillip Dixon & Kasey Taylor
SOLDMultiFamily

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

Phillip Dixon

Compass

Broker

$2.9M

vol

2 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $66 per square foot on a published $1.6M for 24,000 square feet (2025).

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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

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