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1312 West Winnemac Avenue

Compass & Fulton Grace Realty Broker $1.2M Chicago Multifamily Sale
SOLDMultiFamily

Compass & Fulton Grace Realty Broker $1.2M Chicago Multifamily Sale

1312 West Winnemac Avenue

$1,200,000

Building Size

Asset Type

MultiFamily

Closing

Jun 17, 2024

AI

1312 West Winnemac Avenue is a 4-unit multifamily building located in Chicago. The property was recently sold for $1.2 million. This brick-constructed building sits on an extra-wide lot and boasts modernized units, central A/C, efficient heating, and convenient amenities. It is fully occupied and is situated near the popular Andersonville and Uptown neighborhoods.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Units: 4
  • Price Per Unit: $300,000
  • Address: 1312 West Winnemac Avenue
  • Market: Chicago

Kyle Jamicich from Compass represented the buyer in this transaction, while Owen Duffy from Fulton Grace Realty represented the seller. The deal involved skilled professionals ensuring a successful sale of this prime multifamily property.

Players

Kyle Jamicich

Compass

Broker

$3.9M

vol

3 deals

Broker

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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93