Gabe Horstick And Alec Greenberg Sell Chicago Multifamily At 618 West Wrightwood Avenue For $3M
618 West Wrightwood Avenue
$3,000,000
$576/SF
Building Size
5,200 SF
Asset Type
MultiFamily
Closing
Jun 23, 2026
AI
The property involved in the transaction is a multifamily asset located at 618 West Wrightwood Avenue in Chicago. The sale was finalized for a price of $3,000,000, with a total square footage of 5,200. The price per square foot is $576.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,000,000
- Address: 618 West Wrightwood Avenue
- Market: Chicago
- Sale Price: $3,000,000
- Square Footage: 5,200
- Price Per Square Foot: $576
- Seller: Gabe Horstick & Alec Greenberg
- Buyer's Representative: Oren Pollack - Cross Street
- Seller's Representative: Alexander Morsch - Compass
The individuals involved in the transaction include sellers Gabe Horstick and Alec Greenberg, who successfully closed the deal. Oren Pollack from Cross Street acted as the buyer's representative, while Alexander Morsch from Compass represented the sellers in this transaction.
Players
Market 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93