Updated Dec 18, 2023
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
About this deal
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.
On the Map
$1,975,000
$387/SF
MultiFamily
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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