Camille Canales Represents Buyer In $1.6M Sale Of Chicago Multifamily
1104 West Oakdale Avenue
$1,600,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 17, 2024
AI
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:
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Units: 4
- Price Per Unit: $400,000
- Address: 1104 West Oakdale Avenue
- Market: Chicago
- Buyer's Rep: Camille Canales - Compass
- Seller's Rep: Michael Masterson & Ryan Blake - Essex 312
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
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93