Multifamily investment analysis
Multifamily Investment Analysis for Chicagoland Buildings
Before you buy or refinance a multifamily building, we review its income, expenses, financing, and upside, and tell you what we'd do. You can order the analysis on its own, with no obligation to hire us for the purchase or sale.
At a glance
The analysis at a glance
What you get
A structured investment report built for the property, with our recommendations based on your goals.
What it covers
Chicagoland multifamily buildings you're thinking about buying, refinancing, or improving.
What it commits you to
Nothing. Take the report and decide your next move on your own.
How to start
Book a free 15-minute call, and we'll tell you what information we need.
Scope
What the analysis covers
We model the numbers investors use to decide whether to buy, refinance, or move on.
Net operating income
Current and projected income after operating expenses.
Cap rate
The property's expected return at the current price.
Cash flow
Monthly and annual projections built on realistic rent and expense assumptions.
Rent roll review
We verify rent amounts, lease terms, turnover expectations, and vacancy risk.
Market rent comparison
Local rent comps matched by neighborhood, building type, and unit size.
Expense benchmarking
Taxes, insurance, utilities, repairs, and long-term maintenance.
Financing scenarios
Debt service estimates, cash-on-cash returns, and refinance potential.
Value-add potential
Ways to raise income through updates, better management, or repositioning.
Stabilization outlook
When and how the property could reach steady performance.
Exit strategy
What the long-term play could look like if you hold, improve, or sell.
Built for investors
Who orders an analysis
Chicago neighborhoods differ in building age, tenant demand, rents, and maintenance needs. We read your numbers against the local market.
First-time investors
Get guidance before you make a major purchase.
Out-of-state buyers
Look at Chicago multifamily for the first time with a local read on the building.
Current owners
Weigh a refinance or a second property.
Buyers with thin financials
Review a building whose financials are unclear or incomplete.
Anyone who wants a second opinion
Get a grounded, no-pressure opinion of a property's upside and risks.
Four steps
How it works
Send the property details
Send the address, the listing information, the rent roll, and any financials you've received.
We complete the analysis
You get a clear summary of the building's strengths, weaknesses, and expected performance.
Review next steps with us
We outline what makes sense: buy, refinance, improve, or skip the deal and keep looking.
Decide on your own terms
There's no obligation to move forward. Take the report and decide your next move on your own.
The deliverable
What's in the report
You get a structured investment report built for the property. It covers the income and expense summary, cap rate and cash flow projections, comparable rent data, value-add opportunities, risk and sensitivity, the short-term and long-term outlook, and our recommendations based on your goals.
We keep it numbers first, so you see a realistic picture of the deal.
Who runs the analysis
Local experience behind the numbers
Our team has more than a decade of hands-on experience buying, selling, managing, and refinancing multifamily buildings across the Chicago area. Dorazio Real Estate has completed or advised on hundreds of local multifamily transactions.
We also support more than 100 units through our sister company, BCG Real Estate Group, which manages 2-4 flats and larger apartment buildings. Read our property management page to see what BCG handles.
When the numbers work and you're ready to buy, our multifamily and investment property page covers what investors check in a building. Each town guide also has a section for investors.
- Investing in Beverly and Mt. Greenwood
- Investing in Oak Lawn
- Investing in Evergreen Park
- Investing in Palos Hills, Palos Park, and Palos Heights
- Investing in Alsip
- Investing in Bridgeview
- Investing in Hickory Hills
- Investing in Willow Springs
- Investing in Countryside
- Investing in Blue Island
- Investing in Homewood and Flossmoor
- Investing in Wheaton
- Investing in Naperville
- Investing in Elmhurst
- Investing in Glen Ellyn
- Investing in St. Charles
- Investing in Bartlett
- Investing in Barrington
- Every area we serve
Questions investors ask
Questions about the analysis
Do I have to hire you to buy the building?
No. You can use the analysis on its own, with no obligation to hire us for representation during a purchase or sale.
What should I send you?
Send the address, the listing information, the rent roll, and any financials you've received. On the call, we'll tell you exactly what else we need.
Can I use the analysis for a refinance?
Yes. Current owners use it to evaluate a refinance or a second property. It covers debt service estimates, cash-on-cash returns, and refinance potential.
I live outside Illinois. Can you still help?
Yes. Out-of-state buyers looking at Chicago multifamily for the first time are one of the groups we built the analysis for.
What if the seller's financials are incomplete?
Send what you have. The analysis works for buildings with unclear or incomplete financials, and we'll tell you what information we still need.
How is this different from a broker price opinion?
A BPO estimates probable selling price. The investment analysis covers the property's income and expenses, including the rent roll, NOI, cap rate, cash flow projections, expense benchmarks, and financing scenarios.
Start with a 15-minute call
Ready to review a property?
Book a free 15-minute call to walk through the deal you're considering, ask about the Chicago multifamily market, or find out whether an analysis makes sense for you. There's no obligation to move forward after the call.
Or send a note through our contact page.