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118 North Menard Avenue, Ch...

Kiser Group Brokers Sell Multifamily Property In Austin, Chicago For $800K
SOLDMultiFamily

Kiser Group Brokers Sell Multifamily Property In Austin, Chicago For $800K

118 North Menard Avenue, Chicago, Illinois 60644, United States

$800,000

$44,444/SF

Building Size

18 SF

Asset Type

MultiFamily

Closing

Apr 17, 2023

AI

The multifamily property located at 118-126 N Menard Avenue in Austin, Chicago has been sold for $800,000. The property spans approximately 18,000 square feet, resulting in a price per square foot of $44.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $800,000
  • Address: 118-126 N Menard Avenue, Austin, Chicago
  • Market: Austin, Chicago

The transaction was facilitated by the brokers Jack Petrando, Jake Parker, and Andy Friedman from Kiser Group.

Players

Andrew Friedman

Kiser Group

Broker

$131.5M

vol

20 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

19.83%

Cash-on-Cash

-5.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93