Julian Levit Of Compass Represents Buyer In $2.365M Multifamily Sale On Clifton Avenue
SOLD
$2,365,000
Illinois
See Similar DealsMultiFamily7,975 SF
Sold 03/04/2026
SOLD
Julian Levit Of Compass Represents Buyer In $2.365M Multifamily Sale On Clifton Avenue
3135 North Clifton Avenue
See Similar DealsMultiFamily7,975 SF
Sold 03/04/2026
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$296
Total Square Footage:7,975 SF
Transaction Type:Sale
The asset involved in the transaction is a multifamily property located at 3135 North Clifton Avenue, Chicago. It comprises 5 units, covering a total square footage of 7,975. The sale price of the property was $2,365,000, resulting in a price per unit of $473,000 and a price per square foot of $296.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,365,000
- Units: 5
- Square Footage: 7,975
- Price Per Unit: $473,000
- Price Per Square Foot: $296
- Buyer's Representative: Julian Levit - Compass
- Seller's Representatives: Abe Eilian & Matt Feo - Essex Realty Group
- Date of Transaction: 03/04/2026
The transaction was facilitated by Julian Levit representing the buyer, while the seller was represented by Abe Eilian and Matt Feo. Note from the buyer's representative: Congratulations to my buyers and thank you Hashem!
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$126,133.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,402.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,211.31
Annual Debt Service$134,535.68
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