Updated Dec 4, 2024
Atlas Asset Management Realty Represents Buyer In Multifamily Property Sale In Chicago For $1.55M
10447 South Hale Avenue
$1,550,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 4, 2024
About this deal
AI
The multifamily property at 10447 South Hale Avenue in Chicago was successfully sold for $1,550,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,550,000
- Address: 10447 South Hale Avenue
- Market: Chicago
Michael Tolliver of Atlas Asset Management Realty represented the buyer, while Kieran Conlon of Compass and Timothy (Tim) Sheehan of CBRE represented the seller in the transaction.
The multifamily sale at 10447 South Hale Avenue in Chicago, Illinois sold for $1.6M in 2024. 10447 South Hale Avenue is classified as Multifamily on Traded. Kieran Conlon, Michael Tolliver, Timothy (Tim) Sheehan, Compass appear on the sale alongside Compass, Atlas Asset Management Realty. This page is the Chicago, Illinois file for the 10447 South Hale Avenue multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 10447 South Hale Avenue around 2024. Published consideration for 10447 South Hale Avenue is $1.6M, dated 2024. Cite this Atlas Asset Management Realty Represents Buyer In Multifamily Property Sale In Chicago For $1.55M sale when underwriting similar multifamily product around Chicago, Illinois.
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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93