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2008 West Armitage Avenue

Gabe Horstick Sells Multifamily Asset At 2008 West Armitage Avenue Chicago For $2,100,000
SOLDMultiFamily

Gabe Horstick Sells Multifamily Asset At 2008 West Armitage Avenue Chicago For $2,100,000

2008 West Armitage Avenue

$2,100,000

$435/SF

Building Size

4,824 SF

Asset Type

MultiFamily

Closing

May 28, 2026

AI

The asset involved in this transaction is a multifamily property located at 2008 West Armitage Avenue in Chicago. The sale price for this property was $2,100,000, and it offers a total square footage of 4,824, resulting in a price per square foot of $435.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,100,000
  • Address: 2008 West Armitage Avenue
  • Market: Chicago
  • Seller: Gabe Horstick
  • Broker: Reed Meyer - Sell312

Gabe Horstick was the seller of the property, and the transaction was facilitated by Reed Meyer representing Sell312 as the broker for the deal.

Players

Reed Meyer

Lease 312

Broker

$15.1M

vol

8 deals

Broker

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

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93