Updated Oct 9, 2026
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
About this deal
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.
On the Map
$2,100,000
$435/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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93