Grigory Pekarsky Of Vesta Preferred Realty Represents Buyer In $1.2M Chicago Multifamily Sale
856 North Wolcott Avenue
$1,200,000
$420/SF
Building Size
2,856 SF
Asset Type
MultiFamily
Closing
May 5, 2026
AI
The property asset involved in this transaction is a multifamily building located at 856 North Wolcott Avenue, Chicago. The sale price of the asset is $1,200,000, encompassing 4 units with a price per unit of $300,000. The total square footage of the property is 2,856, resulting in a price per square foot of $420.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 856 North Wolcott Avenue
- Market: Chicago
- Units: 4
- Price Per Unit: $300,000
- Square Footage: 2,856
- Price Per Square Foot: $420
- Buyer's Representative: Grigory Pekarsky - Vesta Preferred Realty
- Seller's Representative: Amit Vyas - Mark Allen Realty, ERA Powered
This transaction features key individuals such as Grigory Pekarsky representing the buyer and Amit Vyas representing the seller. Both are affiliated with their respective real estate agencies, Vesta Preferred Realty and Mark Allen Realty, ERA Powered.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93