Updated Dec 20, 2023
American International Realty Corp Acquires Multifamily Property In Chicago For $1.625M
1322 West Winnemac Avenue, Chicago, IL 60640, USA
$1,625,000
$200/SF
Building Size
8,100 SF
Asset Type
MultiFamily
Closing
Oct 6, 2021
About this deal
AI
Located at 1322 W Winnemac Ave in Chicago, this multifamily property was recently sold for a price of $1,625,000. The property consists of 7 residential units, making the per unit price $232,142. The lot size is 8,100 square feet, resulting in a price per square foot of $201.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,625,000
- Units: 7
- Price Per Unit: $232,142
- Lot Size: 8,100 square feet
- Price Per Square Foot: $201
Deborah Ryder from American International Realty Corp represented the buyer in this transaction, while Diane Delgado from Baird & Warner Edgebrook represented the seller. With their expertise, they ensured a successful sale of this multifamily property.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Deborah Ryder to view all their deals.
Browse Illinois multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.76%
Cash-on-Cash
-2.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93