Updated Dec 18, 2025
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
About this deal
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.
On the Map
$1,015,000
$203/SF
MultiFamily
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Players
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
15.63%
Cash-on-Cash
-4.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93