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Camille Canales Represents Buyer In $1.6M Sale Of Chicago Multifamily

Property Image
SOLD
$1,600,000
Ryan Blake
Camille Canales
Michael Masterson

Illinois

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MultiFamily
Sold
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Property Image
SOLD

Camille Canales Represents Buyer In $1.6M Sale Of Chicago Multifamily

1104 West Oakdale Avenue

See Similar Deals
MultiFamily
Sold
Ryan Blake
Camille Canales
Michael Masterson
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

1104 West Oakdale Avenue, a 4-unit multifamily Greystone in Chicago's Lakeview, sold for $1.6 million. The property, featuring large, well-appointed units, is ideally located near public transit and the vibrant Southport Corridor.

Summary of transation details:

The transaction involved Camille Canales from Compass representing the buyer, while Michael Masterson and Ryan Blake from Essex 312 represented the seller in the deal.

Players

Ryan Blake
Essex 312
Ryan Blake
4 deals$6.8M volume(773) 458-5428
BROKER
Camille Canales
Compass
Camille Canales
2 deals$3M volume(512) 417-1708
BROKER
Michael Masterson
Essex 312
Michael Masterson
3 deals$5.6M volume(312) 961-1054
BROKER

Details

SOLD
IMAGE: Ryan Blake, Michael Masterson & Camille Canales DATE: 06/17/2024 ADDRESS: 1104 West Oakdale Avenue MARKET: Chicago ASSET TYPE: Multifamily BUYER'S REP: Camille Canales (@CamillecCanales) - Compass (@Compass) SELLER'S REP: Michael Masterson (@MichaeljMasterson) & Ryan Blake - Essex 312 SALE PRICE: $1,600,000 UNITS: 4 ~ PPU: $400,000 NOTE: 1104 West Oakdale Avenue, a 4-unit multifamily Greystone in Chicago's Lakeview, sold for $1.6 million, with Compass's Camille Canales representing the buyer and Essex 312's Michael Masterson and Ryan Blake representing the seller. The property features large, well-appointed units, and is ideally located near public transit and the vibrant Southport Corridor.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$85,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,684.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,584.82
Annual Debt Service$91,017.80