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1247 North Cleaver Street

Ignacio & Bertha Escuadra Sell Chicago Multifamily For $1.23M With Buyer's Rep Brian Keegan Jim Darrow Jordan Gottlieb
SOLDMultiFamily

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

James Darrow

Essex Realty Group

Broker

$283.1M

vol

61 deals

Broker
Essex Realty Group
Essex 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

12.90%

Cash-on-Cash

-3.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93