Robert Jacobson Purchases Multifamily Asset From Kevin Nugent For $3.1 Million In Chicago
SOLD
$3,100,000
Illinois
See Similar DealsMultiFamily23,457 SF
Sold 11/06/2025
SOLD
Robert Jacobson Purchases Multifamily Asset From Kevin Nugent For $3.1 Million In Chicago
6804 South Perry Avenue
See Similar DealsMultiFamily23,457 SF
Sold 11/06/2025
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$132
Total Square Footage:23,457 SF
Transaction Type:Sale
The property asset involved in the transaction is a multifamily unit located at 6804 South Perry Avenue, Chicago. The sale price was $3,100,000, encompassing a total square footage of 23,457 and a price per square foot of $132.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,100,000
- Address: 6804 South Perry Avenue
- Market: Chicago
- Square Footage: 23,457
- Price Per Square Foot: $132
- Buyer: Robert Jacobson
- Seller: Kevin Nugent - WPD
- Broker: Aaron Sklar - Kiser Group
The key individuals involved in this transaction include the buyer, Robert Jacobson, and the seller, Kevin Nugent from WPD, with representation from broker Aaron Sklar of Kiser Group facilitating the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$165,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,013.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,695.58
Annual Debt Service$176,346.98
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