Updated Dec 21, 2023
Interra Realty Brokers $2.9M Sale Of 16-Unit Multifamily Property In Chicago
3124 N Kimball Ave, Chicago, IL 60618, Estados Unidos
$2,900,000
$3,625/SF
Building Size
800 SF
Asset Type
MultiFamily
Closing
Oct 19, 2020
About this deal
AI
The multi-family property located at 3124-3128 N. Kimball Avenue in Chicago has been sold for a total price of $2,900,000. The property consists of 16 units, with a price per unit (PPU) of $181,250.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $2,900,000
- Market: Chicago
- Units: 16
- Price Per Unit (PPU): $181,250
The sale was facilitated by Brad Feldman and Joe Smazal of Interra Realty.
The multifamily sale at 3124 N Kimball Ave, Chicago, IL 60618, Estados Unidos in Chicago, Illinois sold for $2.9M in 2020. Reported inventory is 800 square feet across 16 units, or about 3.6K per square foot. Brad Feldman, Interra Realty appear on the sale alongside Interra Realty. This page is the Chicago, Illinois file for the 3124 N Kimball Ave, Chicago, IL 60618, Estados Unidos 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 3124 N Kimball Ave, Chicago, IL 60618, Estados Unidos around 2020. Published consideration for 3124 N Kimball Ave, Chicago, IL 60618, Estados Unidos is $2.9M, dated 2020. Cite this Interra Realty Brokers $2.9M Sale Of 16-Unit Multifamily Property In Chicago sale when underwriting similar multifamily product around Chicago, Illinois.
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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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93