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

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SOLD
$2,020,000

Illinois

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MultiFamily5,200 SF
Sold 03/20/2024
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Property Image
SOLD

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

1025 West Oakdale Avenue

See Similar Deals
MultiFamily5,200 SF
Sold 03/20/2024
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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.

Players

Emily Sachs Wong
17 deals$84.5M volume
BROKER

Leigh Marcus
At Properties Commercial
5 deals$13.1M volume
BROKER

Details

SOLD
IMAGE: Leigh Marcus & Emily Sachs Wong DATE: 03/20/2024 ADDRESS: 1025 West Oakdale Avenue MARKET: Chicago ASSET TYPE: Multifamily BROKERS: Emily Sachs Wong (@EmilySachsWong) & Leigh Marcus (@LeighMarcuschicago) - @properties (@AtProperties) Christie's International Real Estate (@ChristiesRealEstate) SALE PRICE: $2,020,000 UNITS: 3 ~ PPU: $673,333 SF: 5,200 ~ PPSF: $388 NOTE: In Chicago, a multifamily property located at 1025 West Oakdale Avenue was sold for $2,020,000, facilitated by brokers Emily Sachs Wong and Leigh Marcus from @properties Christie's International Real Estate. 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.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,176.64
Cash-on-Cash Return-1.27%
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