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1104 West Oakdale Avenue

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

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:

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

Broker

$6.8M

vol

4 deals

Broker

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

9.91%

Cash-on-Cash

-2.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93