Updated Aug 25, 2026
Michael Azarian Acquires Package Deal At 2047 N Clifton Ave Chicago For $4,002,500
2047 N Clifton Ave
$4,002,500
Building Size
—
Asset Type
Package Deal
Closing
Jan 14, 2025
About this deal
AI
A package deal located at 2047 N Clifton Ave in the Chicago, IL market was sold for a transaction amount of $4,002,500.00.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $4,002,500.00
- Sale Date: 01/14/2025
- Buyer: Michael Azarian
- Broker: Sam Jenkins - Sotheby's International Realty
This transaction involved Michael Azarian as the buyer, with Sam Jenkins from Sotheby's International Realty representing him throughout the negotiation process.
The package deal sale at 2047 N Clifton Ave in Chicago, Illinois sold for $4M in 2025. 2047 N Clifton Ave is classified as Package Deal on Traded. Sam Jenkins, Michael Azarian, Sotheby's International Realty appear on the sale alongside Sotheby's International Realty. This page is the Chicago, Illinois file for the 2047 N Clifton Ave package deal sold: pricing, party profiles, and other closed package deal comps from the same Chicago sit in the Market section below. Filter that Chicago package deal set by closing date to see what else sold near 2047 N Clifton Ave around 2025. Published consideration for 2047 N Clifton Ave is $4M, dated 2025. Cite this Michael Azarian Acquires Package Deal At 2047 N Clifton Ave Chicago For $4,002,500 sale when underwriting similar package deal product around Chicago, Illinois.
Players
Chicago Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale transactions
Loading comparables…
Deal FAQ
Browse Chicago package deal sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.96%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93