Michael Kaplan & Steve McEwen Properties Sell 6-Unit Multifamily Building In Chicago For $1.2M
SOLD
$1,205,000
Illinois
See Similar DealsMultiFamily4,818 SF
Sold 03/05/2021
SOLD
Michael Kaplan & Steve McEwen Properties Sell 6-Unit Multifamily Building In Chicago For $1.2M
1252 N Artesian Ave, Chicago, IL, USA
See Similar DealsMultiFamily4,818 SF
Sold 03/05/2021
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$250
Total Square Footage:4,818 SF
Transaction Type:Sale
The multifamily property located at 1252 N Artesian Ave in Chicago has been sold for $1,205,000. The property consists of 6 units, resulting in a per unit price of $200,833.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,205,000
- Units: 6
- Price Per Unit: $200,833
The sale of this property was facilitated by brokers Michael Kaplan and Steve McEwen of Steve McEwen & Michael Kaplan Properties.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,266.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,281.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,712.31
Annual Debt Service$68,547.78
Is there something missing? Send suggestions