Updated Dec 20, 2023
Multifamily Sale In Pullman, Chicago For $635K Handled By Aaron Sklar & Noah Birk - Kislak Group
11343 South King Drive, Chicago, IL, USA
$635,000
$64/SF
Building Size
9,900 SF
Asset Type
MultiFamily
Closing
Nov 1, 2021
About this deal
AI
A multifamily property located at 11343 S. King in Pullman, Chicago recently changed hands in a sale transaction.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $635,000
- Units: 13
- Price Per Unit (PPU): $48,846
The sale of this 13-unit multifamily property at 11343 S. King in Pullman, Chicago was facilitated by brokers Aaron Sklar & Noah Birk from Kislak Group. The property was sold for a total value of $635,000, with each unit priced at approximately $48,846.
The multifamily sale at 11343 South King Drive, Chicago, IL, USA in Chicago, Illinois sold for $635K in 2021. Reported inventory is 9,900 square feet across 13 units, or about 64 per square foot. Noah Birk, Aaron Sklar, Kiser Group appear on the sale alongside Kiser Group. This page is the Chicago, Illinois file for the 11343 South King Drive, Chicago, IL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else sold near 11343 South King Drive, Chicago, IL, USA around 2021. Published consideration for 11343 South King Drive, Chicago, IL, USA is $635K, dated 2021. Cite this Multifamily Sale In Pullman, Chicago For $635K Handled By Aaron Sklar & Noah Birk - Kislak Group sale when underwriting similar multifamily product around Chicago, Illinois.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
24.98%
Cash-on-Cash
-7.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93