Ignacio & Bertha Escuadra Sell Chicago Multifamily For $1.23M With Buyer's Rep Brian Keegan Jim Darrow Jordan Gottlieb
1247 North Cleaver Street
$1,230,000
$451/SF
Building Size
2,727 SF
Asset Type
MultiFamily
Closing
Dec 18, 2025
AI
The asset involved in this transaction is a multifamily property located at 1247 North Cleaver Street in the Chicago market. The sale price was documented at $1,230,000, with a total of 6 units available. The property spans a square footage of 2,727, translating to a price per unit of $205,000 and a price per square foot of $451.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,230,000
- Units: 6
- Price Per Unit: $205,000
- Square Footage: 2,727
- Price Per Square Foot: $451
- Seller: Ignacio & Bertha Escuadra
- Buyer's Representative: Brian Keegan, Jordan Gottlieb & Jim Darrow - Essex Realty Group
This transaction involved key representatives from Essex Realty Group, with Brian Keegan, Jordan Gottlieb, and Jim Darrow acting on behalf of the buyer, facilitating the sale of the property handled by Ignacio and Bertha Escuadra as the sellers. The transaction was completed on 12/19/2025.
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
12.90%
Cash-on-Cash
-3.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93