Updated Sep 9, 2024
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
About this deal
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.
The multifamily sale at 1310 North Hoyne Avenue, Chicago, IL, USA in Chicago, Illinois sold for $1.4M in 2021. The building is 4,404 square feet, implying about 317 per square foot on the published price. Sarita Scherpereel, Maggie Van Fossan, GC Realty & Development appear on the sale alongside GC Realty & Development. This page is the Chicago, Illinois file for the 1310 North Hoyne Avenue, 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 1310 North Hoyne Avenue, Chicago, IL, USA around 2021. Published consideration for 1310 North Hoyne Avenue, Chicago, IL, USA is $1.4M, dated 2021. Cite this Kale Realty Acquires Multifamily Property In Chicago For $1.4M sale when underwriting similar multifamily product around Chicago, Illinois.
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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93