Updated Dec 18, 2023
Pullman Multifamily Sells For $1.375M With Brokers Aaron Sklar & Noah Birk - Kiser Group
11214 South Indiana Avenue, Chicago, Illinois 60628, United States
$1,375,000
Units
27
Asset Type
MultiFamily
Closing
Feb 17, 2022
About this deal
AI
A multifamily property located at 11214 S Indiana Ave in Pullman, Chicago has been sold for a price of $1,375,000. The transaction took place on February 18, 2022. This property consists of 27 units with a price per unit (PPU) of $50,926.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,375,000
- Market: Pullman, Chicago
- Address: 11214 S Indiana Ave
- Brokers: Aaron Sklar & Noah Birk - Kiser Group
- Units: 27
- Price Per Unit (PPU): $50,926
The sale of this multifamily property was facilitated by Aaron Sklar and Noah Birk from Kiser Group. They represented the parties involved in this transaction.
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
11.54%
Cash-on-Cash
-3.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93