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718 Hinman Avenue

Evanston Multifamily Property Sold With Brian Karmowski As Buyer's Representative For $X
SOLDMultiFamily

Evanston Multifamily Property Sold With Brian Karmowski As Buyer's Representative For $X

718 Hinman Avenue

Building Size

Asset Type

MultiFamily

Closing

Jun 2, 2026

AI

The property involved in this transaction is a multifamily asset located at 718 Hinman Avenue in the Evanston market. The specifics of the sale include all terms as agreed upon by the parties involved. 

Summary of transaction details:

This transaction was facilitated by Brian Karmowski acting as the representative for the buyer, while the seller was represented by a team from Essex Realty Group comprising Doug Imber, Kate Varde, Rick Ofman, Matt Feo, and Abe Eilian.

Players

Abe Eilian

Essex Realty Group

Broker

$115.1M

vol

29 deals

Broker

Evanston 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

2.30%

Cash-on-Cash

-0.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93