facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Multifamily

/

Sale

/

2042 West Irving Park Road

Noah Birk, Aaron Sklar & Dan Gonzalez Of BSG Properties Acquire Multifamily Asset In Chicago For $7.8M
SOLDMultiFamily

Noah Birk, Aaron Sklar & Dan Gonzalez Of BSG Properties Acquire Multifamily Asset In Chicago For $7.8M

2042 West Irving Park Road

$7,800,000

$318/SF

Building Size

24,500 SF

Asset Type

MultiFamily

Closing

Dec 22, 2025

AI

The multifamily asset involved in this transaction is located at 2042 West Irving Park Road in the Chicago market. The property comprises 20 units, providing a total square footage of 24,500. The sale was completed for a transaction amount of $7,800,000, resulting in a price per unit of $390,000 and a price per square foot of $318.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $7,800,000
  • Address: 2042 West Irving Park Road
  • Market: Chicago
  • Units: 20
  • Square Footage: 24,500
  • Price Per Unit: $390,000
  • Price Per Square Foot: $318

The buyer group for this transaction includes Noah Birk, Aaron Sklar, and Dan Gonzalez, representing BSG Properties. The seller is Gabriel Horstick from Base 3 Development, while the broker facilitating the sale is Matthew Fritzshall from TRITON Realty Group.

Players

Matthew Fritzshall

TRITON Realty Group

Broker

$84.6M

vol

16 deals

Broker
TRITON Realty Group
TRITON Realty GroupBrokerage
Noah Birk

Noah Birk

Buyer

$101.2M

vol

63 deals

Buyer
Gabriel Horstick

Gabriel Horstick

Base 3 Development

Seller

$19M

vol

7 deals

Seller
Base 3 Development
Base 3 DevelopmentSeller

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

2.03%

Cash-on-Cash

-0.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93