Updated Aug 20, 2026
SOLDMultiFamily
James Bellavia Acquires Multifamily Asset On North Humboldt Boulevard For $2,250,000 From Kyle Stephens
2027 North Humboldt Boulevard
$2,250,000
Units
5
Asset Type
MultiFamily
Closing
Jul 27, 2026
About this deal
AI
The asset involved in this transaction is a multifamily property located at 2027 North Humboldt Boulevard in Chicago. It was sold for a price of $2,250,000, consisting of 5 units, resulting in a price per unit of $450,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,250,000
- Units: 5
- Price Per Unit: $450,000
- Buyer: James Bellavia
- Seller: Kyle Stephens
- Seller's Representative: James Darrow, Jordan Gottlieb & Brian Keegan - Essex Realty Group
- Sale Date: 07/27/2026
The transaction was facilitated by the seller's representatives from Essex Realty Group, specifically James Darrow, Jordan Gottlieb, and Brian Keegan, who represented Kyle Stephens in the deal.
On the Map
$2,250,000
MultiFamily
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Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93