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2625 West Jarlath Street

Jorge Torrescano Of Smart Home Realty Represents Buyer In Chicago Multifamily Sale For $762,500
SOLDMultiFamily

Jorge Torrescano Of Smart Home Realty Represents Buyer In Chicago Multifamily Sale For $762,500

2625 West Jarlath Street

$762,500

$182/SF

Building Size

4,185 SF

Asset Type

MultiFamily

Closing

Aug 19, 2025

AI

The asset involved in this transaction is a multifamily property located at 2625 West Jarlath Street in the Chicago market. The sale occurred for a total price of $762,500, encompassing 3 units. The property has a total square footage of 4,185, resulting in a price per unit of $254,166 and a price per square foot of $182.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $762,500
  • Address: 2625 West Jarlath Street
  • Market: Chicago
  • Units: 3
  • Square Footage: 4,185
  • Price Per Unit: $254,166
  • Price Per Square Foot: $182
  • Buyer's Representative: Jorge Torrescano - Smart Home Realty
  • Seller's Representatives: Michael Kaplan & Sasha Rozhko - REKAP Group - Compass

The successful sale was facilitated by Jorge Torrescano representing the buyer while the seller was represented by Michael Kaplan and Sasha Rozhko. The REKAP Group noted the significance of this well-maintained 3-flat as a strong choice for long-term growth and stability in the current market.

Players

Michael Kaplan

Compass

Broker

$6M

vol

3 deals

Broker
Compass
CompassBrokerage

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

20.80%

Cash-on-Cash

-5.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93