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Emily Sachs Wong & Leigh Marcus Facilitate $2.02M Multifamily Sale In Chicago
SOLD
Illinois
See Similar DealsMultiFamily5,200 SF
Sold 03/20/2024
SOLD
Emily Sachs Wong & Leigh Marcus Facilitate $2.02M Multifamily Sale In Chicago
1025 West Oakdale Avenue
See Similar DealsMultiFamily5,200 SF
Sold 03/20/2024
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$388
Total Square Footage:5,200 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$107,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,176.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,575.83
Annual Debt Service$114,909.97
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