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2244 North Halsted Street

Gabe Horstick Alec Greenberg And Ted Horstick Purchase Multifamily Asset At 2244 North Halsted Street For $1.62M
SOLDMultiFamily

Gabe Horstick Alec Greenberg And Ted Horstick Purchase Multifamily Asset At 2244 North Halsted Street For $1.62M

2244 North Halsted Street

$1,620,188

$267/SF

Building Size

6,060 SF

Asset Type

MultiFamily

Closing

Oct 20, 2025

AI

The multi-family asset located at 2244 North Halsted Street in Chicago was sold for $1,620,188. The property has a total square footage of 6,060 and a price per square foot of $267.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,620,188
  • Address: 2244 North Halsted Street
  • Market: Chicago
  • Square Footage: 6,060
  • Price Per Square Foot: $267
  • Buyer: Gabe Horstick, Alec Greenberg & Ted Horstick
  • Seller: Mark Reiter
  • Brokers: Matthew Fritzshall & Harrison Cohen - TRITON Realty Group

The transaction involved multiple buyers, specifically Gabe Horstick, Alec Greenberg, and Ted Horstick, purchasing the property from seller Mark Reiter, facilitated by brokers Matthew Fritzshall and Harrison Cohen who represent TRITON Realty Group in the deal.

Players

Matthew Fritzshall

TRITON Realty Group

Broker

$84.6M

vol

16 deals

Broker
TRITON Realty Group
TRITON Realty GroupBrokerage

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

9.79%

Cash-on-Cash

-2.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93