Kale Realty Acquires Multifamily Property In Chicago For $1.4M
SOLD
$1,400,000
Illinois
See Similar DealsMultiFamily4,404 SF
Sold
SOLD
Kale Realty Acquires Multifamily Property In Chicago For $1.4M
1310 North Hoyne Avenue, Chicago, IL, USA
See Similar DealsMultiFamily4,404 SF
Sold
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$317
Total Square Footage:4404 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$74,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,973.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,636.71
Annual Debt Service$79,640.57
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