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Aaron Sklar & Noah Birk Of Kiser Group Facilitate $1.05M Multifamily Sale In Chicago
SOLD
Illinois
See Similar DealsMultiFamily
Sold 02/16/2024
SOLD
Aaron Sklar & Noah Birk Of Kiser Group Facilitate $1.05M Multifamily Sale In Chicago
1312 East 62nd Street
See Similar DealsMultiFamily
Sold 02/16/2024
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:
- Property Type: MultiFamily
- Transaction Amount: $1,050,000
- Address: 1312 East 62nd Street
- Market: Chicago
- Brokers: Aaron Sklar & Noah Birk - Kiser Group
- Units: 6
- Price Per Unit: $175,000
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.
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Deal Type
30 years
10 years
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
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