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1025 West Oakdale Avenue

Emily Sachs Wong & Leigh Marcus Facilitate $2.02M Multifamily Sale In Chicago
SOLDMultiFamily

Emily Sachs Wong & Leigh Marcus Facilitate $2.02M Multifamily Sale In Chicago

1025 West Oakdale Avenue

$2,020,000

$388/SF

Building Size

5,200 SF

Asset Type

MultiFamily

Closing

Mar 20, 2024

AI

In Chicago, a multifamily property located at 1025 West Oakdale Avenue was sold for $2,020,000. The property comprises 3 units with an average price per unit of $673,333 and spans 5,200 square feet, achieving a price per square foot of $388.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $2,020,000
  • Units: 3
  • Price Per Unit: $673,333
  • Square Footage: 5,200
  • Price Per Square Foot: $388
  • Address: 1025 West Oakdale Avenue
  • Market: Chicago
  • Brokers: Emily Sachs Wong & Leigh Marcus - @properties Christie's International Real Estate

The sale of the property at 1025 West Oakdale Avenue in Chicago was facilitated by brokers Emily Sachs Wong and Leigh Marcus from @properties Christie's International Real Estate.

Players

Emily Sachs Wong

At Properties Commercial

Broker

$84.5M

vol

17 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.85%

Cash-on-Cash

-2.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93