SOLDMultiFamily
Kale Realty Acquires Multifamily Property In Chicago For $1.4M
1310 North Hoyne Avenue, Chicago, IL, USA
$1,400,000
$317/SF
Building Size
4,404 SF
Asset Type
MultiFamily
Closing
Feb 8, 2021
AI
The multifamily property located at 1310 N Hoyne Ave in Chicago has been sold for $1,400,000. The transaction took place on 02/09/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,400,000
- Address: 1310 N Hoyne Ave
- Market: Chicago
Sarita Scherpereel from Kale Realty represented the buyer in this transaction, while Maggie Van Fossan from d'aprile properties represented the seller.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93