Laura Kelly Acquires Multifamily In Chicago For $1.97M
1036 North Hoyne Avenue, Chicago, Illinois 60622, United States
$1,975,000
$387/SF
Building Size
5,096 SF
Asset Type
MultiFamily
Closing
Mar 3, 2022
AI
The multifamily property located at 1036 N Hoyne Ave in Chicago has been sold for a price of $1,975,000. The property has a lot size of 5,096 square feet, resulting in a price per square foot of $388.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,975,000
- Lot Size: 5,096 square feet
- Price per Square Foot: $388
- Market: Chicago
The buyer's representative in this transaction was Laura Kelly from Properties East Lincoln Park, while the seller's representative was Billie Diamond from Properties Glencoe.
Players
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
8.03%
Cash-on-Cash
-2.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93