Updated Dec 21, 2023
North Clybourn Group Acquires Multifamily Building In Chicago For $1.36M
1042 S Oakley Blvd, Chicago, IL, USA
$1,362,500
$973/SF
Building Size
1,400 SF
Asset Type
MultiFamily
Closing
May 10, 2021
About this deal
AI
Located at 1042 S Oakley Blvd in Chicago, this multifamily property recently closed for a sale price of $1,362,500. The property consists of 3 units, and the price per unit comes to $454,167. The transaction took place on 05/11/2021.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,362,500
- Units: 3
- Price Per Unit: $454,167
- Address: 1042 S Oakley Blvd
- Market: Chicago
The buyer's representative in this deal was Karen Biazar, who represented North Clybourn Group, Inc. On the other side, Nadiya Geraci acted as the seller's representative and represented Vista Group Realty Inc.
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
11.64%
Cash-on-Cash
-3.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93