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
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