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Aaron Sklar & Noah Birk Of Kiser Group Facilitate $1.05M Multifamily Sale In Chicago

Property Image
SOLD
$1,050,000

Illinois

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MultiFamily
Sold 02/16/2024
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Property Image
SOLD

Aaron Sklar & Noah Birk Of Kiser Group Facilitate $1.05M Multifamily Sale In Chicago

1312 East 62nd Street

See Similar Deals
MultiFamily
Sold 02/16/2024
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Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Sale

The multifamily property located at 1312 East 62nd Street in Chicago was recently sold for $1,050,000. The property consists of six units, with a price per unit of $175,000.

Summary of transation details:

Aaron Sklar and Noah Birk from Kiser Group played pivotal roles in facilitating the transaction of the multifamily property at 1312 East 62nd Street. They worked together to ensure a smooth deal for the six-unit property.

Players

Aaron Sklar
66 deals$111.1M volume(312) 805-0902
BROKER

Noah Birk
Kiser Group
63 deals$101.2M volume
BROKER

Details

SOLD
IMAGE: Aaron Sklar & Noah Birk DATE: 02/16/2024 ADDRESS: 1312 East 62nd Street MARKET: Chicago ASSET TYPE: MultiFamily BROKERS: Aaron Sklar & Noah Birk - Kiser Group (@KiserGroup) SALE PRICE: $1,050,000 UNITS: 6 ~ PPU: $175,000 NOTE: In Chicago, the multifamily property at 1312 East 62nd Street was sold for $1,050,000. Aaron Sklar from Kiser Group and Noah Birk facilitated the transaction for six units, with a price per unit of $175,000.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$55,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43