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7317 South East End Avenue

Robert Jacobson Of Lakeshore Property Investments Acquires Multifamily Asset From Jimmy Oppenheimer For $2.7M In Chicago
SOLDMultiFamily

Robert Jacobson Of Lakeshore Property Investments Acquires Multifamily Asset From Jimmy Oppenheimer For $2.7M In Chicago

7317 South East End Avenue

$2,700,000

$118/SF

Building Size

22,881 SF

Asset Type

MultiFamily

Closing

Jun 11, 2025

AI

The property asset involved in this transaction is a multifamily building located at 7317 South East End Avenue in Chicago. The sale price of the property was $2,700,000, encompassing a total square footage of 22,881, resulting in a price per square foot of $118.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,700,000
  • Address: 7317 South East End Avenue
  • Market: Chicago
  • Square Footage: 22,881
  • Price Per Square Foot: $118
  • Buyer: Robert Jacobson - Lakeshore Property Investments
  • Seller: Jimmy Oppenheimer
  • Broker: Aaron Sklar - Kiser Group

Key individuals in this transaction include Robert Jacobson, who represented Lakeshore Property Investments as the buyer, and Jimmy Oppenheimer, who was the seller. The broker facilitating the transaction was Aaron Sklar from Kiser Group, representing the parties in this closing deal.

Players

Aaron Sklar

Kiser Group

Broker

$111.1M

vol

66 deals

Broker
Kiser Group
Kiser GroupBrokerage

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

5.88%

Cash-on-Cash

-1.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93