Updated Sep 14, 2026
Drew Dillon & Nick Stocking Sell Multifamily Property At 2028 North Oakley Avenue For $2,665,000
2028 North Oakley Avenue
$2,665,000
$592/SF
Building Size
4,500 SF
Asset Type
MultiFamily
Closing
Sep 4, 2026
About this deal
AI
A multifamily asset located at 2028 North Oakley Avenue in the Chicago market has been sold. The transaction involved a sale price of $2,665,000 for a total of 6 units. The property encompasses a total square footage of 4,500, resulting in a price per unit of $444,166 and a price per square foot of $592.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,665,000
- Units: 6
- Square Footage: 4,500
- Price Per Unit: $444,166
- Price Per Square Foot: $592
- Seller: Drew Dillon & Nick Stocking
- Seller's Representative: Niko Apostal - Essex 312
The deal was represented by Niko Apostal from Essex 312, highlighting the professional involvement in facilitating the transaction between the sellers, Drew Dillon and Nick Stocking.
On the Map
$2,665,000
$592/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
5.95%
Cash-on-Cash
-1.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93