Chicago Multifamily Property At 3348 West Wilson Avenue Sold For $7,600,000 With Essex Realty Group
3348 West Wilson Avenue
$7,600,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 26, 2026
AI
The property involved in this transaction is a multifamily asset located at 3348 West Wilson Avenue in the Chicago market. The sale price for this property was $7,600,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $7,600,000
- Address: 3348 West Wilson Avenue
- Market: Chicago
- Seller's Representatives: Matt Feo, Jordan Gottlieb, James Darrow & Abe Eilian - Essex Realty Group
The transaction was represented by four individuals from the Essex Realty Group, specifically Matt Feo, Jordan Gottlieb, James Darrow, and Abe Eilian, who facilitated the sale of the multifamily asset.
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
2.09%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93