Updated Dec 21, 2023
Marcus & Millichap Facilitates $1.3M Sale Of Multifamily Property In Beverly, Chicago
10952 South Western Avenue, Beverly, Chicago, IL, USA
$1,300,000
$76/SF
Building Size
17,000 SF
Asset Type
MultiFamily
Closing
Aug 17, 2021
About this deal
AI
A multifamily property located at 10952 S Western Avenue in Beverly, Chicago has been sold for $1,300,000. The property consists of 18 units with an average price per unit of $72,222. It spans a total area of 17,000 square feet, resulting in a price per square foot of $76.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Address: 10952 S Western Avenue
- Market: Beverly, Chicago
Ozzie Gibson was the seller of the property. The sale was facilitated by Jack Stanton and Kyle Stengle, who represented the seller. They are affiliated with Marcus & Millichap.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Jack Stanton to view all their deals.
Browse Illinois multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93