Joe Bisluk Sells Multifamily Asset At 8544 West Gregory Street Chicago For $1.9M With Paul Waterloo And Oleg Komarnytskyy As Reps
SOLD
$1,900,000
Illinois
See Similar DealsMultiFamily11,000 SF
Sold 11/20/2025
SOLD
Joe Bisluk Sells Multifamily Asset At 8544 West Gregory Street Chicago For $1.9M With Paul Waterloo And Oleg Komarnytskyy As Reps
8544 West Gregory Street
See Similar DealsMultiFamily11,000 SF
Sold 11/20/2025
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$172
Total Square Footage:11,000 SF
Transaction Type:Sale
The asset involved in this transaction is a multifamily property located at 8544 West Gregory Street in Chicago. The sale price for this property was $1,900,000, encompassing a total of 12 units. The property has a square footage of 11,000, resulting in a price per unit of $158,333 and a price per square foot of $172.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,900,000
- Units: 12
- Square Footage: 11,000
- Price Per Unit: $158,333
- Price Per Square Foot: $172
- Seller: Joe Bisluk
- Buyer's Rep: Oleg Komarnytskyy - KOMAR
- Seller's Rep: Paul Waterloo - Interra Realty
- Date of Transaction: 11/20/2025
Oleg Komarnytskyy represented the buyer in this transaction while Paul Waterloo represented the seller. The buyer's rep noted the acquisition of this asset from a long-term owner.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$101,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,750.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,006.97
Annual Debt Service$108,083.63
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