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1327 North Lorel Avenue

James Clough & Cristian Gavriluti Of Real Realty Sell Multifamily Asset In Chicago For $1.175M
SOLDMultiFamily

James Clough & Cristian Gavriluti Of Real Realty Sell Multifamily Asset In Chicago For $1.175M

1327 North Lorel Avenue

$1,175,000

$117/SF

Building Size

10,000 SF

Asset Type

MultiFamily

Closing

Sep 4, 2025

AI

The property asset involved in this transaction is a multifamily building located at 1327 North Lorel Avenue in Chicago. The sale price of the asset was $1,175,000, encompassing a total of 16 units. The building has a total square footage of 10,000, resulting in a price per unit of $73,437 and a price per square foot of $117.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,175,000
  • Address: 1327 North Lorel Avenue
  • Market: Chicago
  • Units: 16
  • Square Footage: 10,000
  • Price Per Unit: $73,437
  • Price Per Square Foot: $117

James Clough and Cristian Gavriluti represented the transaction under their agency, Real Realty, assisting in the closing of this multifamily property deal.

Players

James Clough

Real Realty

Broker

$46.2M

vol

11 deals

Broker
Real Realty
Real RealtyBrokerage

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.50%

Cash-on-Cash

-3.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93