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1645 West 17th Street

Andrew Dorazio Of Dorazio Real Estate Represents Buyer In Multifamily Sale In Chicago For $1.015M
SOLDMultiFamily

Andrew Dorazio Of Dorazio Real Estate Represents Buyer In Multifamily Sale In Chicago For $1.015M

1645 West 17th Street

$1,015,000

$203/SF

Building Size

5,000 SF

Asset Type

MultiFamily

Closing

Dec 7, 2025

AI

The asset involved in the transaction is a multifamily property located at 1645 West 17th Street in the Chicago market. The transaction was completed for a sale price of $1,015,000. This property comprises 5 units and has a total square footage of 5,000, resulting in a price per unit of $203,000 and a price per square foot of $203.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,015,000
  • Units: 5
  • Price Per Unit: $203,000
  • Square Footage: 5,000
  • Price Per Square Foot: $203

In this transaction, Andrew Dorazio represented the buyer through Dorazio Real Estate, while Brian Ruff represented the seller via Colliers. Their involvement showcases the professional brokerage services that facilitated the deal.

Players

Andrew Dorazio

Dorazio Real Estate

Broker

$8.6M

vol

6 deals

Broker
Colliers
ColliersBrokerage

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

15.63%

Cash-on-Cash

-4.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93